COVID-19 Stimulus Package: (Coronavirus Aid Relief and Economic Security "Cares" Act)

04/09/2020

Employee Retention Credit under the CARES Act

Advance Payment of Employer Credits Due to COVID-19 Employee Retention Credit The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021. Eligible employers can get immediate access to the credit by reducing employment tax deposits… Read more

Announcements and Updates / SBA News

03/23/2020

Carranza Implements Automatic Deferment on Existing SBA Disaster Loans Through End of 2020

WASHINGTON – Today, U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA loans from previous disasters. By making this change, deferments through December 31, 2020, will be automatic. Now, borrowers of home and business disaster loans do not have to contact SBA to request deferment. “The SBA is looking at every option and… Read more

Announcements and Updates / SBA News

03/13/2020

SBA NEWS: Small Business Disaster Loans up to $2M (Coronavirus)

SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital… Read more

Announcements and Updates / SBA News / Veteran Owned Business Loans and Financing

10/29/2016

Veteran and Military Community Loans – SBA

Military Reservists Economic Injury Loans The Military Reservist Economic Injury Disaster Loan (MREIDL) provides funds to help an eligible small business meet its ordinary and necessary operating expenses that it could have met, but is unable to, because an essential employee was called-up to active duty in his or her role as a military reservist. Loan Amounts and Use The… Read more

03/04/2016

Sharing your upcoming events with the VOB community

How can I share my event with VOB’s community of 300,000 supporters and over 26,000 members? Visit Your Military Veterans Discounts for a full list of military and veterans discounts Many members, supporters, businesses and organizations approach the Veteran Owned Business Project regarding upcoming events in support of our military, veterans and military families. Some of these events include things… Read more

Announcements and Updates / NJ Veteran Owned Businesses News / SBA News / Veteran Owned Business Industry News / Veteran Owned Businesses News

12/09/2015

Superstorm Sandy Low Interest Recovery Loans – Update

The U.S. Small Business Administration, or SBA, has reopened the filing application period for home owners, renters, businesses of all sizes, and non-profit organizations in New Jersey affected by Superstorm Sandy to request disaster loan assistance to recover from the storm. The additional time offers another opportunity for anyone affected by the storm to request low-interest disaster loans to rebuild.… Read more