Entries by level2

Level Two is a Safe Place for Remote Workers

          Level Two Inc is open, and we have sanitation stations, complementary masks (thanks to the Indiana Economic Development Corporation PPE exchange) and after a Herculean effort by Board Member Brad DuBois, we have moved tables and desks to be mindful of the CDC distancing guidelines. If you need a place to remote work […]

PPP Forgiveness : Is it about to get easier?

On Wednesday we wrote a blog post about the PPP Forgiveness process.  And true to form, lawmakers are already throwing a wrench in how and when forgiveness may be awarded for small businesses.  Yesterday, the House of Representatives voted to ease restrictions on how the PPP could be spent.  Now, this has yet to pass […]

New Business Resources Added!

In our ever changing world, we aim to keep you up to date on all of the recent changes.  Here are some new additional resources that have just come to our attention.  These resources include a small business grant for Town of Plainfield small businesses, the Indiana Small Business PPE exchange, and the new application […]

PPP vs Unemployment for Self-Employed and Independent Contractors

As more and more Self-employed individuals (including independent contractors and freelancers) are approved for PPP funds, some are left wondering if you can receive the new Unemployment (Pandemic Unemployment Assistance) benefit from the CARES act, in addition to the PPP loan proceeds.  The answer to this question is no, you cannot “double dip.”  This leads […]

PPP Update and Forgiveness Guidance

It seems like forever ago that the second round of funding for the PPP and EIDL were signed into law, but in reality it was only 2 weeks ago.  Since that time, the SBA and Department of Treasury has continued to release new FAQ and Guidelines. Some of the recent changes include: Companies have until May […]

Small Business Resources, Grants, Digital Workshops

Webinars and other Resources As you continue to work to improve your business during this Pandemic, Level Two will do our best to provide you with actionable information that you can use on our Business Resource Page, which we continue to update with links to various organizations involved in the recovery effort.  We will also be hosting two […]

More Funding for the PPP and EIDL is SO Close

Yesterday evening the House passed the $484 Billion relief package that passed the Senate early in the week, and now it is on to the President’s desk for it to be signed into law at noon today.  This is another lifeline after the PPP and EIDL programs ran out of money in less than two weeks.  If […]

PPP and EIDL Funds have Run Dry

As of yesterday morning, the SBA had added an alert on their website that stated the following: Lapse in Appropriations Notice: SBA is unable to accept new applications at this time for the Paycheck Protection Program or the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding. EIDL applicants who have […]