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Still Need Cash for Your Business? The Economic Injury Disaster Loan (EIDL) is Back

The SBA has once again opened up its Economic Injury Disaster Loan (EIDL) grant and loan program to non-agricultural companies. This means that small businesses, self employed, and independent contractors in business on January 31, 2020 are eligible to receive a $1,000 grant per employee (up to $10,000) which does not have to be […]

By |June 28th, 2020|Small Business|Comments Off on Still Need Cash for Your Business? The Economic Injury Disaster Loan (EIDL) is Back
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How Small Businesses Can Get a Forgivable Loan in the Paycheck Protection Program

The Federal Stimulus Package (CARES Act) allocated $350 billion to help small businesses keep workers employed amid the coronavirus pandemic and coming recession. This “Paycheck Protection Program” provides 100% federally guaranteed loans to small businesses. You need to apply through any existing SBA 7(a) bank lender. Some banks are setting up their own portals to […]

By |March 30th, 2020|Cash and Finances|1 Comment
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