What To Know About Coronavirus-related Assistance Loans
AN OVERVIEW OF LOW-INTEREST DISASTER LOANS FROM SBA
Are you a small business owner looking for detailed information to help you decide if you should apply for the SBA Paycheck Protection Package (PPP) loan, the SBA Economic Injury Disaster (EIDL) loan, or both?
Do you wish someone would explain the new rules around paid sick leave and family leave during the coronavirus crisis in a way that makes sense?
Resources
Resources For Managing Your Loans and FAQs
Employer Paid Sick and Family Leave Guide
This is for if your employees are actually sick with covid-19, caring for someone who is sick with covid-19, or has to take family leave because of covid-19.
Pay Check Protection Program Loan Vs Economic Injury Disaster Loan
You can apply for both, but you need to be mindful about using each for different approved purposes and keeping detailed records.
Disaster Loan Application Tracking Chart
The intitial application is very streamlined now, and will not require all of these documents. However, these may be requested in the second round.
“I’ve been working with Kaitlin Lacey (Books and Strategy) for the last six months. She has been a great resource for my business. Now Kaitlin has analyzed the multiple programs being instituted by the federal government in the face of the Covid-19 Pandemic.
This analysis has really helped me make difficult decisions and most importantly will enable me to participate in these programs that will be vital to the future success of my business.”