03 Apr Business SBA Loans (PPP & EDIL) and FL Unemployment – What to do

So, right now, those that own small businesses, and those that are self-employed, have these questions: What loan do I apply for, and what stimulus is best for me. Or, should I collect unemployment? What options do I choose, and how do they work together, or not work together?

If you take some time to read this FULL article, and review ALL of these the links, I am confident that you will have a much clearer understanding of what to do!

This is just ahead of the PPP loan applications being available from your small business bank (likely tomorrow, Friday 4/3/2020 for most). As stated prior, everyone has a HUGE set of questions. (more…)

This is usually the main intent of a a SBA ’emergency loan’ – a loan to get your business back up and running in times of an emergency

In addition to reading the information below and reviewing the below links, also analyze the chart, and print it to see which program (or both) you may qualify for by clicking the link below:

This takes a bit longer to apply for and the SBA determines how much you qualify for (prior to 48 hours ago, that is – more below on that). It’s designed to help you overcome injury due to COVID 19. (Example: If your revenue has stopped and you need funds to pay expenses to get opened back up soon, you’ve been “injured!”). As of a couple of days ago, they streamlined this application, and it does not take as long now to apply for it (initially that is, because they will likely come back to you for more information afterwards). (more…)