Liz Soria Tax Advisor & Biz Success Podcast
Economic Injury Disaster EID and Paycheck Protection Plan PPP LOANS (CARES Act Series) Part 3
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:35:48
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Sinopsis
#Economic Injury Disaster #EID and Paycheck Protection Plan #PPP #LOANS (CARE Act Series) Part 3 Economic Injury Disaster Loans (EIDL) Highlights: This program can fund up to $2 million to small businesses About: This program funds small businesses or private including non-profits that suffer from the economic injury due to declared disaster regardless of the physical damage of the applicant. Eligibility: Small businesses must have suffered by the economic injury and should be located in the disaster declared county or a contiguous county. There are no upfront fees and early-payment penalties charged by the SBA. Paycheck Protection Program (PPP) Highlights: This program directs $349 billion towards business operating expenses and job retention About: Provides a direct incentive for small businesses to cover payroll, employee salaries, and certain other expenses like rent, utilities, and mortgage payments. Eligibility: Businesses including non-profits, sol