Posts tagged CARES Act
Coronavirus: Help for Small Business Owners & Self Employed whose businesses are impacted
Coronavirus: Help for Small Business Owners & Self Employed whose businesses are impacted

The federal government has created the Paycheck Protection Program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Eligible business and individuals can borrow 2.5 x prior average payroll (up to $10 million) with no loan payments due for six months. If you maintain your workforce, the SBA will forgive 8 weeks of payroll plus certain other expenses

ALSO COVERED:

  • Eligibility and amounts available

  • How to get Loan Forgiveness

  • Applying for the loan and an advance

Read More
Business Advising, Life PlanningJoshua Escalante Troesh, CFPYoung Families, Corona Virus, Covid 19, Debt Relief, Small Business, Business Owners, Self Employment, Independent Contractor, Government Aid, CARES Act, Payroll Protection Program