Understanding the Ins and Outs of PPP Part 2 and Your Restaurant Business
Article contributed by Stacy L. Gilbert, Citrin Cooperman
As numerous restaurants were forced to close in the last 10 months, our company understood more than ever what we could bring and needed to bring to our clients. Frankly, being able to accomplish that in 2021 is consistent with the goals of Niles Citrin and Joel Cooperman.
When they launched this practice almost 40 plus years ago, their…
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Can Uber and Lyft Drivers Get $1000 from EIDL Grant in 2021? The second stimulus bill passed in December 2020 allows for additional funding for EIDL grant in 2021 to independent contractors with certain qualifiers. See if you qualify for the new grant.
The Emergency Income Disaster Loan (EIDL) program is a little-known Small Business Administration (SBA) loan program designed to help small businesses in disaster situations. Previous disasters would be floods or a major storm like hurricanes or snow storms. All states in 2020 have declared a state of emergency due to COVID-19. This has allowed the SBA to provide EIDL. As part of the CARES act in…
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