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A collection of 21 posts

How to Claim the EIDL and PPP Data For Your Business

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How to Claim the EIDL and PPP Data For Your Business

Use the search tools on Skip to verify and claim your publicly available PPP and EIDL data. Here's how to do it step-by-step.

Why You Should Check This Before EIDL 2.0

Why You Should Check This Before EIDL 2.0

Before requesting an additional loan increase through EIDL 2.0, check your loan balance and expected payments. Here's how to do it.

SBA Clarifies EIDL Loan and PPP Loan Changes

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SBA Clarifies EIDL Loan and PPP Loan Changes

Here's a quick recap of important news from today you may have missed, related to Targeted EIDL Grants, EIDL Loan Increases, PPP Loan Increases, a new $10,000 grant opportunity, and details on the Restaurant Revitalization fund. New $10,000 Grant Opportunity Yesterday we covered in-depth a

Biden Signs PPP Extension into Law

Biden Signs PPP Extension into Law

It's official. Yesterday, President Biden signed the Paycheck Protection Program (PPP) extension into law, extending the program through May 31, 2021. The PPP program was originally set to expire today, March 31st. PPP Extension Signed 1 Day Before Expiration Before signing the PPP Extension bill, which was approved

The Senate Passes the PPP 2 Month Extension Bill

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The Senate Passes the PPP 2 Month Extension Bill

The Senate on Thursday voted to extend the SBA's Paycheck Protection Program (PPP) by an additional two months, allowing small businesses to continue to apply to the program through the end of May. Senators voted 92 to 7 to pass the PPP Extension and it will now go

What's In the Stimulus Package for Individuals and Small Businesses?

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What's In the Stimulus Package for Individuals and Small Businesses?

Earlier today, the House of Representatives passed the $1.9 trillion stimulus package [https://helloskip.com/blog/heres-whats-in-the-1-9-trillion-stimulus-package/], clearing the way for it to go to President Biden for his signature by Friday. With Biden's signature, aid for millions of

How To Contact SBA To Check Targeted EIDL Grant Status (Daily Video)

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How To Contact SBA To Check Targeted EIDL Grant Status (Daily Video)

In today's daily video, Ryder talks about the timing of the stimulus package vote on the House of Representatives, some tips on Targeted EIDL Grant progress and how to quickly email the SBA, and the latest on PPP approvals and timing. Here are shortcuts to emailing the SBA,

Can You Get Two PPP Loans in the Same Round?

Can You Get Two PPP Loans in the Same Round?

As the PPP program enters its final month (the program will end on March 31), business owners are keen to get their applications in and receive funding. There are two types of PPP loans: first and second draw loans. First draw loans are for those who have not received a

SBA Releases Comprehensive EIDL & PPP Data (Report)

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SBA Releases Comprehensive EIDL & PPP Data (Report)

The Small Business Administration (SBA) recently released a 23-page report [https://www.sba.gov/document/report-sba-covid-relief-program-report] on PPP loan, EIDL loan, and EIDL grant data. It's the most comprehensive report and narrative we've seen since these programs began 1 year

What to Do if You're Still Waiting to Hear Back About Your PPP Application

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What to Do if You're Still Waiting to Hear Back About Your PPP Application

Although billions of dollars in funding have already been distributed through the Paycheck Protection Program, many business owners who have applied have yet to hear back about the status of their application and whether they will be funded. If you’re one of them, you might be feeling stressed as

SBA Issues Updated EIDL Loan and EIDL Grant Information

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SBA Issues Updated EIDL Loan and EIDL Grant Information

The SBA has issued their most comprehensive guide to EIDL loans to date. This is a must-read for anyone who's received an EIDL loan, is thinking about it, has been denied or is interested in a loan increase. This is also a helpful guide to for the

What Happens if You Are Rejected for a PPP Loan?

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What Happens if You Are Rejected for a PPP Loan?

As of last week, over 400,000 PPP loans have been approved in the first 2 weeks of the 2021 PPP program. If you've applied and are still waiting — or if you've already heard back and your not approved — here's a helpful post on

Banks Press SBA to Fix "Systemic" PPP Loan Problems

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Banks Press SBA to Fix "Systemic" PPP Loan Problems

Banks on Monday warned the Biden administration that the restart of the government's massive small business rescue program, the Paycheck Protection Program (PPP), is facing significant operational problems. This error is preventing some applicants from receiving loans. Here's whats happening and who is affected. If you

Weekend Stimulus, EIDL Grant, and PPP Loan Updates

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Weekend Stimulus, EIDL Grant, and PPP Loan Updates

Here's a quick weekend recap based on our YouTube video from today. This includes important stimulus package, EIDL, PPP, and state grants information. Be sure to subscribe to our YouTube channel [https://www.youtube.com/c/skipapp?sub_confirmation=1] for immediate updates. $1.9 Trillion Stimulus Package

EIDL Grant and PPP Loan Friday Round Up

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EIDL Grant and PPP Loan Friday Round Up

Here's a Friday January 22nd round up of all the SBA Funding programs and any action you need to take. We hope you have a great weekend. Targeted EIDL Grants The SBA announced on Tuesday rules to the EIDL grant program. They will first contact previous applicants in

PPP Loan and EIDL Grant Tuesday Update

PPP Loan and EIDL Grant Tuesday Update

Here's What You Need To Know About the EIDL Grants and PPP Loans Tuesday January 19th: The major PPP lenders are now live! We recommend applying through Bluevine with our partner link [https://bit.ly/2XFGflB], which has the simplest and quickest form. If Bluevine doesn't

Which Workers Count as Employees for the PPP?

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Which Workers Count as Employees for the PPP?

Applications for the Paycheck Protection Program (PPP) go live for most lenders this Tuesday [https://helloskip.com/blog/early-ppp-round-2-applications-sunday-update/]. If you’re preparing to apply for the PPP, the first step is to determine your monthly payroll and employee count for the application (you

Weekend EIDL Grant Updates

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Weekend EIDL Grant Updates

A brief EIDL grant update for you According to the SBA, sometime tomorrow we should get more rules and direction on the SBA EIDL grant program and how it will be rolled out. We'll keep you posted as we learn more information, but there is still no action

Here's What You Need to Know to Apply for the Second Round of PPP Funding

Here's What You Need to Know to Apply for the Second Round of PPP Funding

A little over two weeks after the $900 billion stimulus package was passed [https://helloskip.com/blog/complete-details-of-the-new-900-billion-stimulus-package/], the second round of Paycheck Protection Program (PPP) applications are finally open. Although only community financial institutions are able to accept applications this week,

Here's How to Calculate Your Payroll for The PPP as an Independent Contractor or Freelancer

Here's How to Calculate Your Payroll for The PPP as an Independent Contractor or Freelancer

The Paycheck Protection (PPP) program helps keep small businesses open and able to pay their employees, but small business owners aren’t the only ones who are eligible for a PPP loan. Independent contractors who meet the program’s eligibility requirements for revenue are also able to apply. 1 in

New EIDL Grant Application Update

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New EIDL Grant Application Update

Here's a quick guide to the EIDL grant, EIDL loan, and PPP loan programs from the brand-new stimulus package. The PPP loan program is going live this week and we expect the same from the EIDL grant program as well. We highly recommend you download our free