Nevada Business Advisors Partners with Community Based Lender to Assist with New Round of Stimulus Package Funding

With the new stimulus package legislation comes new changes and updates including a new round of Paycheck Protection Program (PPP) funding for businesses, organizations, live venues, and non-profitorganizations.

Available to business owners, sole proprietors, independent contractors and others, Nevada Business Advisors is expanding its lender network by partnering with First Bank of the Lake, a community based lender in Missouri. Through an agreement with First Bank of the Lake, Nevada Business Advisors’ is able to offer businesses in the state of Nevada and throughout the United States an opportunity in applying for the second draw of the program before the SBA portal opens to all banks and lenders. Effective today, only community basedlenders are allowed to start submitting applications.

“As restrictions continue and the need for capital mounts,many small businesses are in dire need for these relief programs,” said Monica Coburn, Founder and Chief Executive Officer of Nevada Business Advisors. “We felt it was important to offer this to our business clients, butdecided to expand this offering to all that have a need and are interested.”

The link to apply will be made available to clients first and will be available on the company website, nevadabusinessadvisors.com.

Some of the common reasons that many businesses were unable to secure funding through the program in 2020included lack of proper documentation, no banking relationship, insufficient financial resources and misinformation. Nevada Business Advisors wants to do its part in preventing this from happening again.

About Nevada Business Advisors

Nevada Business Advisors, a full-service business advisory firm, supports new and existing companies that need experience and knowledge on their side. The Company offers a suite of services such as advising, mentoring, certification assistance, business financing, government contracting, sourcing bid and procurement opportunities and much more.

To submit your interest in applying for the programs, visit Paycheck Protection Program | First Bank of the Lake + Nevada Business Advisors | First Bank of the Lake (firstbanklake.com) or for more information about Nevada Business Advisors visit nevadabusinessadvisors.com.