Kimco Realty to help small businesses through latest round of PPP

Jericho, NY According to Kimco Realty, the company once again deployed its Tenant Assistance Program (TAP) to assist small business tenants in applying for a share of the $248 billion in PPP funds recently approved under the latest federal COVID-19 relief bill. 

Kimco has identified two forms of assistance to choose from for tenants interested in applying for PPP funds, both completely complimentary:

1. BlueVine- a leading provider of small business banking solutions and an official direct non-bank PPP lender, creating an online PPP application for tenants that uses advanced technology to expedite and automate the application process 
2. Asset Enhancement Solutions, LLC (AES)- a financial advisory firm that helped more than 800 small businesses access over $100 million in PPP funding last year, also is available to support tenants in evaluating their options, their eligibility, understanding loan terms, and assembling the required application materials

“While our Tenant Assistance Program helped tenants access approximately $20 million in relief funding earlier this year, we’ve taken the lessons learned from that experience and redesigned a program we think will eliminate many of the hurdles that small business owners faced in accessing PPP loans the first time around. It is our goal that every eligible tenant in need of funding is able to secure a loan," said Conor Flynn, Kimco's CEO.