Dining, Return to Normal – The Morning Consult

The Morning Consult is providing weekly tracking on key issues/sectors related to COVID-19. As vaccines start to roll out, businesses start bringing people back to the office we will slowly see a return to normal. Below is a link of their weekly report related to dining. There are some positives here, 35% of all respondents said they would be comfortable going back to dining in the next month. As reopenings slowly begin, warm weather rolls back around and the restaurants start to tap into the second round of PPP, there is hope on the horizon.

If you are a business that may need financing and need to buy time over these next few months, let’s have a conversation. Still Water Solutions is here to have a conversation, determine what your path forward is and will walk with you through the process. With 15 years in banking, there is a wealth of knowledge to provide and avenues to explore.

Tracking the Return to Normal: Dining – Morning Consult


A Return to Normalcy…..

As we start the process of rolling out vaccines and look for ways to get back to normal, this is an interesting new set of data tracking by the Morning Consult for work place sentiment. What are your employees saying?

Tracking the Return to Normal: Work & Offices – Morning Consult


PPP – Round 2 Resources

In an effort to simplify the process and help business owners gather information about the new round of PPP in 2021 we will be providing links to training resources and other information as it becomes available.

Update 2/11: Round 2 of PPP is off to a slow start but here are the top national lenders by net dollars lent thru 1/31/21, according to the SBA website. Below is an article detailing some additional information on Round 2 of the PPP.

Additional notes for this Second Round of PPP, per information gathered from

  1. The maximum loan amount for Second Draw PPP is 2.5x average monthly 2019 or 2020 payroll costs up to $2 million. For Accommodation and Food Services, the max Second Draw PPP is 3.5x average monthly 2019 or 2020 payroll costs up to $2 million
  2. To qualify you also need to demonstrate a reduction of gross receipts of at least 25% between comparable quarters in 2019 and 2020.
  3. The First Round usage will have used or will use the full amount for authorized usages.
  4. Must have less than 300 employees.

Looking for Lenders is a tool provided by the SBA:

Update 1/26: SBA is having issues around accepting applications from banks. Patience while going through the process.

Banks press Treasury, SBA to fix ‘systemic’ small business loan glitches – POLITICO