Received: from mta92.cp20.com ([216.24.226.92]:23667) by stodi.digitalkingdom.org with esmtps (TLSv1.2:ECDHE-RSA-AES256-GCM-SHA384:256) (Exim 4.92) (envelope-from ) id 1jQYrs-0001k2-EW for lojban@lojban.org; Mon, 20 Apr 2020 09:01:58 -0700 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; s=key1; d=cp20.com; h=List-Unsubscribe:Message-ID:Date:Subject:To:From:Reply-To:MIME-Version: Content-Type; bh=Z7f3WL9eJFvqV/ysm3/Sts5gDUqMyGoafKJCjWvbFcQ=; b=WZANjRo9s1Q4o7+Tt+1BsNfSMb05krSZai4rJTxvck5yO7YiBsYxtDebzfLJ5O5+VgETTtPEZldh 01GNgwEBjOgdrwdqNyq3zHwEXoh7tvKZG9mJmhjk9FmFVclc5SnmMsagDTZ1hA4hhxxlUSKdWhnM wWZejG9Pm1bZQZj+QIE= Received: by mta92.cp20.com id hjn3n82l5s43 for ; Mon, 20 Apr 2020 12:01:38 -0400 (envelope-from ) List-Unsubscribe: X-Campaign-Shard: 1 Bounces-To: bounce_puysrm_gmnhvtit_o@cp20.com Message-ID: <1587398436237.42980760.118094795.29719122258@backend.cp20.com> X-Campaign: 42980760/118094795/29719122258 Errors-To: bounce_puysrm_gmnhvtit_o@cp20.com Date: Mon, 20 Apr 2020 12:01:38 -0400 Subject: SBA is Checking Personal Credit Scores for PPP To: Nonprofit Execs & Board Members From: "Inside Charity" Reply-To: "Inside Charity" MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_Part_503228899.1587398412185" X-Spam-Score: -1.3 (-) X-Spam_score: -1.3 X-Spam_score_int: -12 X-Spam_bar: - ------=_Part_503228899.1587398412185 Content-Type: text/plain;charset=UTF-8 Nonprofit Execs, SBA is Checking Personal Credit Scores for Nonprofit PPP Loan Funding Charitable Organizations, The Nonprofit PPP Loan Fund Will Be Replenished Dear Nonprofit Execs & Colleagues In Service, Senate Democrats and Republicans have come close to a deal that could inject roughly $370 billion into loan programs for nonprofits and small businesses including $310 billion more into the Paycheck Protection Program (PPP), setting aside $60 billion for rural and minority groups. The remaining $60 billion would go to the Economic Injury Disaster Loan program (EIDL), a separate program offering loans for small businesses. Treasury Secretary Steven Mnuchin told Republicans on a call Sunday afternoon that outstanding issues relating to the bill are limited to increased federal funds for coronavirus testing. The talks come after the $349 billion Paycheck Protection Program, which offers forgivable loans to small businesses, ran out of money on Thursday. Democrats rejected a proposal to refill the fund two weeks ago. They instead argued for changes, including adding more money to support federal testing, hospitals and local governments. They’ve also pushed to ensure groups without banking relationships get access to the program and SNAP benefits. Small Business Administration is Checking Personal Credit Scores Much to our surprise we received a notice from Discover Card that the Small Business Administration had made an inquiry at Experian as to our personal credit score number. We applied for a PPP Loan as an agent of a nonprofit organization on April 3, 2020. This is the message we received from Discover on Friday, April 17, 2020 Dear Nonprofit Execs & Colleagues in Service, We are all in the throes of the global pandemic. Charities everywhere are feeling the effects of isolation measures, business shutdowns, travel bans, and markets crashing. InsideCharity is here to make sure receive the information you require to navigate these unprecedented times. We're in direct contact with the Small Business Association (SBA) and Internal Revenue Service (IRS) to provide you real-time updates you need to access CARE Act funding as soon as possible. We look forward to hearing from you. Simply reply to this email or subscribe above to ensure you receive CARES Act Updates every time the Federal Government makes them available. Warmly, James P. LaRose, CNE, CDE, CNC Senior Editor You are subscribed to this email as lojban@lojban.org. Click here to modify your preferences http://trk.cp20.com/form?1yb6iz--11cug-dnhzxhu6&sl=r3&t=1&ac=g62g or unsubscribe http://trk.cp20.com/form?1yb6iz--11cug-dnhzxhu6&sl=r3&t=5&ac=g62g. ------=_Part_503228899.1587398412185 Content-Type: text/html;charset=UTF-8
(Nonprofit PPP Loan Fund Will Be Replenished)                                                       

Nonprofit Execs, SBA is Checking Personal Credit Scores for Nonprofit PPP Loan Funding

Charitable Organizations, The Nonprofit PPP Loan Fund Will Be Replenished

(Press Graphic Below For Details)

Nonprofit PPP Loans Replenished EMAILHEADER.jpg

Dear Nonprofit Execs & Colleagues In Service,

Senate Democrats and Republicans have come close to a deal that could inject roughly $370 billion into loan programs for nonprofits and small businesses including $310 billion more into the Paycheck Protection Program (PPP), setting aside $60 billion for rural and minority groups. The remaining $60 billion would go to the Economic Injury Disaster Loan program (EIDL), a separate program offering loans for small businesses. Treasury Secretary Steven Mnuchin told Republicans on a call Sunday afternoon that outstanding issues relating to the bill are limited to increased federal funds for coronavirus testing.

The talks come after the $349 billion Paycheck Protection Program, which offers forgivable loans to small businesses, ran out of money on Thursday. Democrats rejected a proposal to refill the fund two weeks ago. They instead argued for changes, including adding more money to support federal testing, hospitals and local governments. They’ve also pushed to ensure groups without banking relationships get access to the program and SNAP benefits.

Small Business Administration is Checking Personal Credit Scores

Much to our surprise we received a notice from Discover Card that the Small Business Administration had made an inquiry at Experian as to our personal credit score number. We applied for a PPP Loan as an agent of a nonprofit organization on April 3, 2020. This is the message we received from Discover on Friday, April 17, 2020: VISIT HERE TO READ ENTIRE ARTICLE


Inside Charity is pleased to report that over 400 comments and questions have been recorded at Inside Charity by nonprofit executives, staff, board members, ministry leaders and volunteers over the past ten days. We grateful to everyone who has participated and want to encourage as many as people as possible to continue to share their experiences. Your written comments and contributions have helped your colleagues navigate this process.

We are all in the throes of the global pandemic. Charities everywhere are feeling the effects of isolation measures, business shutdowns, travel bans, and markets crashing. InsideCharity is here to make sure receive the information you require to navigate these unprecedented times. We're in direct contact with the Small Business Association (SBA) and Internal Revenue Service (IRS) to provide you real-time updates you need to access CARE Act funding as soon as possible.

SUBSCRIBE HERE TO STAY UP-TO-DATE.


We look forward to hearing from you. Simply reply to this email or subscribe above to ensure you receive CARES Act Updates every time the Federal Government makes them available.

Warmly,

James P. LaRose, CNE, CDE, CNC

Senior Editor


You are subscribed to this email as lojban@lojban.org.
Click here to modify your preferences or unsubscribe.
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