SBA’s $10,000 Disaster Loans Come With New Caveats
By Jay O'Neil |
New details limit the scope of the economic injury disaster loans (EIDL) meant to provide businesses with immediate, emergency cash. Learn More
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Bank of America
By Jay O'Neil |
The Trump administration’s $349 billion Payment Protection Program launched last Friday to provide emergency loans to American small businesses devastated by coronavirus—if business owners can navigate the confusing application process. Banks were meant to be able to begin accepting applications last Friday, but very few banks had their online portals up and running at that […]
Assistance for Small Businesses Now Available
By Jay O'Neil |
The Paycheck Protection Program, authorized under the Coronavirus Aid, Relief and Economic Security Act (CARES Act), prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses. Small businesses and eligible nonprofit organizations, agricultural producers, veterans organizations and tribal businesses described in the Small Business […]
