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Скачать или смотреть 2 Most Forgotten COVID 19 Relief - Debt Relief and Express Bridge Loan Update Thursday April 23

  • Chris Wycoco
  • 2020-04-23
  • 163
2 Most Forgotten COVID 19 Relief - Debt Relief and Express Bridge Loan Update Thursday April 23
Express Bridge Loan Pilot ProgramCOVID-19COVID-19 ReliefSBA Express Disaster Bridge LoanSBALoanSBA Debt ReliefSBA ReliefSBA Economic Injury Disaster loanEconomic Injury Disaster loansmall businessesEconomicDisaster Loan$10000$10000 Grants
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Express Bridge Loan Pilot Program :
This allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

SBA Debt Relief:
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

As part of SBA's debt relief efforts,

1. The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and micro loans for a period of six months.

2. The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and micro loans  issued prior to September 27, 2020.

WYCOTAX is an outsource bookkeeping, tax, and payroll company that can help you prepare this COVID-19 business relief packet. Contact us NOW!

WYCO-ffee Break is a web series of WYCOTAX that gives up-to-date information to improve your wealth, life and business.

Free COVID-19 Relief Summary PDF Download: https://www.wycotax.com/

Disclaimer: This material has been prepared for informational purposes only and is not intended to provide and should not be relied on for tax, legal and accounting advice. WYCOTAX, LLC is a profit company and not associated with any aforementioned institution.

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