IMPORTANT COVID 19 INFORMATION
Need capital to cover the cost of retaining employees?
Then the Paycheck Protection Program might be right for you.
Just signed into law Friday 3/27/2020
Tax relief for quarterly and annual filers sales tax vendors affected by COVID-19
Coronavirus Aid, Relief, and Economic Security (CARES) Act
SBA Loans Of Up To $2 Million For Small Businesses Now Open
Economic Injury Disaster Loans and Loan Advance
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
Economic Injury Disaster Loans are also available to residents in declared disaster areas.