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Alexandria Business To Benefit From CARES Paycheck Protection Program

Home ยป Alexandria Business To Benefit From CARES Paycheck Protection Program
The COVID-19 pandemic has businesses in Alexandria scrambling financially and as such these businesses are urged to apply for the Coronavirus Aid, Relief and Economic Security (CARES) Act's 100% forgivable Paycheck Protection Program (PPP) loan. The CARES Act program was implemented by the Alexandria Development Partnership and it offers small businesses with financial assistance during this pandemic. The financial options available under the CARES Act program include:
  • The Economic Injury Disaster Loans (EIDL) Program - this small business Administration program provides an emergency $10,000 grant or small businesses within three days of applying for a disaster loan. Businesses will not be required to repay the $10,000 grant.
  • New Paycheck Protection Program (PPP) - this loan is 100% guaranteed by the Federal government and it will assist small businesses to meet their operating needs including payroll for 8 weeks.
  • Small Business Debt Relief Program - this loan will provide relief to small businesses as they may be unable to repay their non disaster SBA loan and microloans.
  • Employee Retention Payroll Tax Credit - this will provide a fully refundable 50% credit on the employer's share of payroll taxes on wages of up to $10,000 per employee.
  • Delayed Payment of Employer Tax Credit - this will defer payment of employer payroll taxes through the end of the year.
Local businesses can apply for these grants by filling out the application provided by the Small Business Administration and submit the application to their bank. This pandemic affects everyone alike and the Small Business Administration in Alexandria is urging all local businesses to apply for the program and get the financial relief they need.

Properties in Alexandria

Home size: 952 sq.ft.

Subdiv: Birdie May Mason

Type: Interior Unit Townhouse for Sale

235 E Monroe Ave
235 E Monroe Ave

[$849,000 - 235 E Monroe Ave, Alexandria, VA 22301]

Added: 05/08/24

Updated: 05/08/2024

Home size: 600 sq.ft.

Subdiv: Auburn Village

Type: Condo for Sale

205 E Glebe Rd #E
205 E Glebe Rd #E
205 E Glebe Rd #E
205 E Glebe Rd #E
205 E Glebe Rd #E

[$280,000 - 205 E Glebe Rd #E, Alexandria, VA 22305]

Added: 05/08/24

Updated: 05/08/2024

Home size: 2,350 sq.ft.

Subdiv: Kingstowne

Type: End Unit Townhouse for Sale

5132 Ballycastle Cir
5132 Ballycastle Cir
5132 Ballycastle Cir
5132 Ballycastle Cir
5132 Ballycastle Cir

[$799,900 - 5132 Ballycastle Cir, Alexandria, VA 22315]

Added: 05/08/24

Updated: 05/08/2024

Home size: 1,362 sq.ft.

Subdiv: River Towers

Type: Condo for Sale

6621 Wakefield Dr #803
6621 Wakefield Dr #803
6621 Wakefield Dr #803
6621 Wakefield Dr #803
6621 Wakefield Dr #803

[$310,000 - 6621 Wakefield Dr #803, Alexandria, VA 22307]

Added: 05/08/24

Updated: 05/08/2024

Home size: 943 sq.ft.

Subdiv: Belle View Condominiums

Type: Condo for Sale

6600 Potomac Ave #B1
6600 Potomac Ave #B1
6600 Potomac Ave #B1
6600 Potomac Ave #B1
6600 Potomac Ave #B1

[$342,000 - 6600 Potomac Ave #B1, Alexandria, VA 22307]

Added: 05/08/24

Updated: 05/08/2024

Home size: 2,286 sq.ft.

Subdiv: The Towns At Abingdon Place

Type: Interior Unit Townhouse for Sale

609 Second St
609 Second St
609 Second St
609 Second St
609 Second St

[$1,840,000 - 609 Second St, Alexandria, VA 22314]

Added: 05/08/24

Updated: 05/08/2024

Home size: 790 sq.ft.

Subdiv: Midtown Alexandria Station Condominium

Type: Condo for Sale

2451 Midtown Ave #1619
2451 Midtown Ave #1619
2451 Midtown Ave #1619
2451 Midtown Ave #1619
2451 Midtown Ave #1619

[$365,000 - 2451 Midtown Ave #1619, Alexandria, VA 22303]

Added: 05/04/24

Updated: 05/07/2024

Home size: 681 sq.ft.

Subdiv: Mount Vernon Lakes Condo

Type: Condo for Sale

8381-L Brockham Dr #8381l
8381-L Brockham Dr #8381l
8381-L Brockham Dr #8381l
8381-L Brockham Dr #8381l
8381-L Brockham Dr #8381l

[$189,999 - 8381-L Brockham Dr #8381l, Alexandria, VA 22309]

Added: 05/07/24

Updated: 05/07/2024

Home size: 1,468 sq.ft.

Subdiv: Marl Pat

Type: Detached Home for Sale

3007 Marl Pat Dr
3007 Marl Pat Dr
3007 Marl Pat Dr
3007 Marl Pat Dr
3007 Marl Pat Dr

[$664,900 - 3007 Marl Pat Dr, Alexandria, VA 22310]

Added: 05/07/24

Updated: 05/07/2024

Home size: 1,593 sq.ft.

Subdiv: Old Town Alexandria

Type: Condo for Sale

1201 N Royal St #208
1201 N Royal St #208
1201 N Royal St #208
1201 N Royal St #208
1201 N Royal St #208

[$1,514,900 - 1201 N Royal St #208, Alexandria, VA 22314]

Added: 04/26/24

Updated: 05/07/2024

Home size: 1,020 sq.ft.

Subdiv: Manchester Lakes

Type: Interior Unit Townhouse for Sale

7022 Old Brentford Rd
7022 Old Brentford Rd
7022 Old Brentford Rd
7022 Old Brentford Rd
7022 Old Brentford Rd

[$525,000 - 7022 Old Brentford Rd, Alexandria, VA 22310]

Added: 05/02/24

Updated: 05/07/2024

Home size: 601 sq.ft.

Subdiv: Northampton Place

Type: Condo for Sale

3101 N Hampton Dr #1019
3101 N Hampton Dr #1019
3101 N Hampton Dr #1019
3101 N Hampton Dr #1019
3101 N Hampton Dr #1019

[$249,000 - 3101 N Hampton Dr #1019, Alexandria, VA 22302]

Added: 10/05/23

Updated: 05/07/2024

Home size: 780 sq.ft.

Subdiv: Parkfairfax

Type: Condo for Sale

1606 Mount Eagle Pl
1606 Mount Eagle Pl
1606 Mount Eagle Pl
1606 Mount Eagle Pl
1606 Mount Eagle Pl

[$279,999 - 1606 Mount Eagle Pl, Alexandria, VA 22302]

Added: 05/07/24

Updated: 05/07/2024

Home size: 1,102 sq.ft.

Subdiv: Warwick Village

Type: Interior Unit Townhouse for Sale

27 Ancell St
27 Ancell St
27 Ancell St
27 Ancell St
27 Ancell St

[$785,000 - 27 Ancell St, Alexandria, VA 22305]

Added: 05/07/24

Updated: 05/07/2024

Home size: 1,065 sq.ft.

Subdiv: Alexandria

Type: Condo for Sale

3710 N Rosser St #T1
3710 N Rosser St #T1
3710 N Rosser St #T1
3710 N Rosser St #T1
3710 N Rosser St #T1

[$299,000 - 3710 N Rosser St #T1, Alexandria, VA 22311]

Added: 02/29/24

Updated: 05/07/2024

Home size: 1,222 sq.ft.

Subdiv: Beverly Hills

Type: Detached Home for Sale

401 Tennessee Ave
401 Tennessee Ave
401 Tennessee Ave
401 Tennessee Ave
401 Tennessee Ave

[$1,050,000 - 401 Tennessee Ave, Alexandria, VA 22305]

Added: 05/05/24

Updated: 05/07/2024

Home size: 4,488 sq.ft.

Subdiv: Moore Hill Estates

Type: Detached Home for Sale

1465 N Pegram St
1465 N Pegram St
1465 N Pegram St
1465 N Pegram St
1465 N Pegram St

[$2,500,000 - 1465 N Pegram St, Alexandria, VA 22304]

Added: 04/26/24

Updated: 05/07/2024

Home size: 2,007 sq.ft.

Subdiv:

Type: Interior Unit Townhouse for Sale

1357 Powhatan St
1357 Powhatan St
1357 Powhatan St
1357 Powhatan St
1357 Powhatan St

[$1,180,000 - 1357 Powhatan St, Alexandria, VA 22314]

Added: 04/26/24

Updated: 05/07/2024

Home size: 1,331 sq.ft.

Subdiv: Potomac Valley

Type: Detached Home for Sale

8905 Camfield Dr
8905 Camfield Dr
8905 Camfield Dr
8905 Camfield Dr
8905 Camfield Dr

[$849,000 - 8905 Camfield Dr, Alexandria, VA 22308]

Added: 02/26/24

Updated: 05/07/2024

Home size: 1,760 sq.ft.

Subdiv: Kingstowne

Type: End Unit Townhouse for Sale

5915 Norham Dr
5915 Norham Dr
5915 Norham Dr
5915 Norham Dr
5915 Norham Dr

[$750,000 - 5915 Norham Dr, Alexandria, VA 22315]

Added: 03/20/24

Updated: 05/07/2024

Home size: 2,930 sq.ft.

Subdiv: Potomac Yard

Type: Interior Unit Townhouse for Sale

2107 Main Line Blvd #102
2107 Main Line Blvd #102
2107 Main Line Blvd #102
2107 Main Line Blvd #102
2107 Main Line Blvd #102

[$975,000 - 2107 Main Line Blvd #102, Alexandria, VA 22301]

Added: 04/29/24

Updated: 05/07/2024

Home size: 1,209 sq.ft.

Subdiv: Stoneybrooke

Type: Detached Home for Sale

6806 Stoneybrooke Ln
6806 Stoneybrooke Ln
6806 Stoneybrooke Ln
6806 Stoneybrooke Ln
6806 Stoneybrooke Ln

[$799,000 - 6806 Stoneybrooke Ln, Alexandria, VA 22306]

Added: 05/02/24

Updated: 05/07/2024

See more in Alexandria

 

Jodi Ann

View posts by Jodi Ann
Jodi has been trained in Data Entry, Operations Management and Administrative tasks. She also holds a Bachelors Degree in Banking and Finance with a hope of pursuing a Masters in Banking and Finance. She is a senior writer for Nesbitt Realty and an expert on Alexandria Virginia. Outside of work, Jodi enjoys spending time with her son and her family.

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