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The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. In particular, the SBA has given inconsistent guidance that continues to change and evolve, leaving companies left to wonder if they qualify or not. But, while very well-intentioned, it’s implementation has been flawed.

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Extending and Expanding Aid – Some Policy Ideas

VC Adventure

. – Consider a separate loan program for very small businesses (fewer than 10 or 20 employees) that’s based on a revenue formula and so long as they use the funds for current expenses (i.e., – We need distribution mechanisms beyond the SBA (which is overwhelmed). . Expand the SBA Microloan Program . million. .

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We’ve helped over 150 small businesses navigate the crisis | Here’s what we’ve learned

VC Adventure

We will continue to aggregate learnings as we expand the network and try to use them to both influence policy as well as to accelerate and expand our ability to help businesses that continue to struggle through the Covid-19 induced economic crisis. According to data released by the SBA , the average PPP amount was just over $200,000.

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Transcript of Advice for Entrepreneurs Who Want to Sell Their Companies

Duct Tape Marketing

And they typically, in the United States at least, get an SBA Loan, Small Business Administration Loan. And the SBA is basically a government-guaranteed loan that a bank will offer, and it will allow an acquirer, an individual, to buy a business that they couldn’t ordinarily afford.

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How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

After college, I was a very early employee at a web company called Tumblr. It’s designed for small and mid size companies and it all started based on a focus of the employees. Our slogan is, “We heart employees,” and everything that we do is designed around usability for the employees.