04.21.2020 | Memorandum: COVID-19 Updates

EIDL & PPP

Today, the House and Senate came to an agreement on additional funding for both the PPP and Disaster Loans (EIDL). The President has indicated he will sign the Bill. Since these are not new programs, but rather a funding “deal”, there should be no need to await guidance on roll-out.

You should immediately contact your banking institution if you were not approved in the first round of funding for the PPP.

You should also apply for the EIDL if you did not previously make application.

From prior weekly updates; following are links you’ll need to complete applications and get information on these programs:

Here are some quick links to the CARES PPP most recent changes:

 


David S. Kelly
CEO – Chief Enthusiasm Officer Growth Solutions Team
www.growthsolutionsteam.com
443.370.6530

2020-04-27T16:49:47-04:00