Topics: Loan Forgiveness

What Your Travel Center Needs to Know About Bank Loans

What Your Travel Center Needs to Know About Bank Loans

Cash flow is critical to a business’s success, and I always think of cash flow as akin to the blood in your body. If you run out of blood, you’re not going to make it. If you run out of cash, you’re business is not going to make it!  Loans are one tool truckstop and travel plaza operators can use to maintain their operating cash flow, cover unexpected expenses or grow the business. More

SBA Issues Guidance on PPP Loan Forgiveness

The Small Business Administration (SBA) released new guidance on how Paycheck Protection Program (PPP) borrowers should apply for loan forgiveness. The guidance came in the form of a Frequently Asked Questions (FAQ) document with 23 questions addressing various issues facing PPP borrowers. More

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