Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. On March 27th, 2020, President Trump signed into lawRead more
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SMALL BUSINESS PAYCHECK PROTECTION PROGRAM **Updated 4/27/20** Full Borrower Fact Sheet from U.S. Treasury Overview The Paycheck Protection Program (“PPP”) authorizes up to $349 billion plus an additional $321 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The PPPRead more
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