PPP Flexibility Act – Good news! Or maybe Good news?? Congress passed the Paycheck Protection Program Flexibility Act of 2020 and the President signed it into law. This is a short bill (3 pages) but has the much-anticipated extension of the Covered Period. Here are the highlights of the bill: Highlights of the PPP Flexibility…
PPP Loan Forgiveness Update- This past weekend the SBA released the much-awaited PPP Loan Forgiveness Application. You can access it here: Just prior to the release of the application we recorded a video explaining, in detail, how the loan forgiveness calculation works and we walk through the Tembo PPP Loan Forgiveness Calculator. Check it out…
PPP Loan Forgiveness & Taxation The SBA resumes receiving applications for the PPP loan today, following the second round of funding that was approved by Congress last week. At this point, it appears that about 30% of those of you who have applied for the PPP Loan have received funding. I’m hopeful that the other…
Thursday Tips with Tembo Collective Your ideal customer is someone who gets their exact needs met by what you are offering. Get out a notepad and pen and jot down exactly what you offer to your customers. What problems do you solve for them or what challenges do you address? Why should people buy from…
The CARES Act, SBA, and US Treasury have combined over the past three weeks to generate more questions than we’ve had to field in the last three years combined! Goodness! We’ll attempt to punch through these quickly for you. Stimulus Checks We are starting to hear that clients are receiving stimulus checks. If you haven’t…
Marketing Tips with Tembo Collective The reason that most businesses fail to achieve outstanding results from their digital marketing is because they lack a clear digital marketing strategy (also known as a digital marketing plan). Focus on Results Nothing you do matters if it isn’t generating results that meet the long-term goals of your company,…
Tuesday Tips- With Tembo Collective When it comes to digital marketing, a strategy is the foundation of all your efforts. All marketing actions you take should tie back to your strategy, and each should serve as collaborative elements of a skillful marketing plan. Keep your Digital Marketing Strategy Relevant Once you’ve established a robust digital…
We would like to introduce you to Tembo Collective, a new Marketing Agency we are proud to be launching! Because we are feeling a little bit like the federal government, we want to give away some FREE money! We will be doing a $500 giveaway for the launch of Tembo Collective. Welcome, we’re glad you’re…
As usual, this is a long blog. Sorry! There’s just so much to share with you. Take a few minutes and read through this please – it’s important stuff, especially if you haven’t filed your PPP loan application yet. It’s a gross understatement to say that the CARES Act and the Interim Final Rule lacked…
I was on the phone until almost 11pm last night talking with several different bankers about the PPP loan program. The US Treasury and SBA issued a 31 page “Interim Final Rule” (LOL – kind of an oxymoron, no?) yesterday afternoon at about 4pm. There are some clarifications in it, and a couple small changes:…