I know, I know everybody’s tired of hearing about COVID funding, but I wanna brag just a moment and let you know how important it is to have a good CPA on your side. We have tallied up all the records for COVID funding, except for the fourth quarter of employee retention credits for startups. And we have some amazing numbers to share with you.
We were able in March the day, the program opened to help everybody apply for EIDL advances and EIDL loans that were to come later. When the PPP programs arrived on the scene, we were supplying all of our clients with all of the information they needed to get those loans in their hands, as soon as possible to keep that money flowing. And also we helped clients with other various programs like, the employee retention credit or RRF Restaurant Revitalization Funds, and miscellaneous grants throughout state local community grants that also were able to help our clients.
The total of that was $1.8 million. Now we work with about 52 clients per month, and all of those clients didn’t even qualify for all of the programs. And I’m also not including all of the EIDL loans that our clients got. That would be probably over $5 million.
So in hoping to get that cash flowing to small business owners, mom and pops, not monster businesses, not the evil corporations of America. These are mom-and-pop businesses, generally family-owned. We were able to bring them over $1.8 million to help support their businesses. And I’m proud to say that all of them are still in business today after COVID has hit their businesses and affected them each and in their different ways.
We’ve kept all those clients on board and I want to continue providing excellent customer service to them as we have throughout COVID. So keep those funds in mind and make sure that you are working with somebody who is looking out for your best interest. If you’re not, I’d be happy to talk with you about how that relationship should work. Thank you.
I’m Donna Bordeaux with PYOPAccounting.com. Please follow us on Facebook and Instagram. Make sure you check out our blog and our website from the link below. Subscribe to our YouTube channel and hit the bell to be notified when we post. To contact me, email me at donna@pyopaccounting.com.
Donna Bordeaux, CPA with PYOPAccounting.com
Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.
