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Blog Category: COVID-19

SBA Announces Additional Deferment Period for Economic Injury Disaster Loans

The SBA announced late Tuesday that any borrowers that received a COVID Economic Injury Disaster Loan (EIDL) in any of the eligible periods between 2020 and 2022, will now receive

SBA to Further Streamline PPP Loan Forgiveness Process for Loans of $150,000 or Less

Great news today for PPP borrowers that received a loan of $150,000 or less!  If you haven’t yet applied for forgiveness, the SBA will be outlining today, a new streamlined

Wisconsin Tomorrow Lodging Grant Program – Must Act by July 28, 2021

A new Wisconsin grant program has been released targeting lodging providers hit hard by the COVID-19 pandemic.  Grants will be awarded beginning in August based on a percentage of decreased

SBA Eliminates Loan Necessity Questionnaire for Loans Over $2 Million

The Small Business Administration (SBA), on Monday, officially announced that they will no longer require the use of Forms 3509 and 3510, Loan Necessity Questionnaire.  This form was released to

Should I opt out of the Advance Child Tax Credit?

What is the advance child tax credit? Who is eligible for payments? Who should consider opting out? Katy Mering, CPA, Partner at Wegner CPAs answers these and other common questions
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Employee Retention Credit Services offered by Wegner CPAs

Is your organization or business still wondering if there are any options for stimulus relief? Good news! There might be! If you haven’t explored the Employee Retention Credit (ERC), you may have the
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SBA Announces Opening Date for Restaurant Revitalization Fund

The SBA announced today that registrations for the SBA RRF portal will be open starting Friday, April 30th at 9 AM EST and the application portal will open on Monday,
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Shuttered Venue Operators Grant Portal to Reopen April 24

The SBA announced that after rigorous testing and updates to procedures, the SVOG portal will reopen Saturday, April 24th. Potential applicants can register for the portal now so that they are
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Targeted Economic Injury Disaster Loan (EIDL) Advance Reevaluations

If your organization received a notification to apply for a Targeted EIDL Advance and were subsequently denied, you are now able to send a request to have that application reevaluated. 
sign in window that reads "reopening soon"

SBA Anticipates Shuttered Venue Operators Grant Portal to Reopen This Week

The Shuttered Venue Operators Grant (SVOG) program has been plagued with issues since its initial start date of April 8th.  In addition to the portal technical difficulties that began almost