Economic Injury Disaster Loans and Loan Advance
To apply for a COVID-19 Economic Injury Disaster Loan, click here.
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.
Right now the Grants being offered ($10,000) are 75% committed (estimated). Do not lose your place in line. File asap.
CARES Act Payroll Stimulus - The Short and Sweet Version - March 29, 2020 (https://youtu.be/nPx8yuq5ptQ)
Date recorded: March 29, 2020
Details: Join Jennifer for an overview of the CARES Act Federal Payroll Stimulus condensed overview and STATUS OF LOANS. Also we will discuss the nuances of Forgiveness.
CONTACT JENNIFER & TEAM: Jennifer can be reached at Jennifer@Kirschenbaumesq.com, or contact Amy at ALaveglia@Kirschenbaumesq.com, Stacy at Sspector@Kirschenbaumesq.com or Kathleen at KLampert@Kirschenbaumesq.com to schedule a call with a CARES Team Member.
CLICK here for K&K's COVID-19 Legal Resource Center
Available K&K Webinars on COVID-19 Related Legal Issues
- Ophthalmology Specific - Essential Services, State v. Federal PTO, Preview of CARES Act (Forgivable Loan Program, etc), Terminating Employees and Panel discussion - https://youtu.be/Bda9qvddlaE
- Dental Specific - Essential Services, State v. Federal PTO Requirements, Business Misc., Terminating Employees, FAQ - https://youtu.be/IU_9DShaiqY