Small Business Loan Options
There are two SBA options that might be helpful to small businesses.
The Economic Injury Disaster Loan (EIDL) is offered through the U.S. Small Business Administration (SBA). These are low-interest, federal disaster loans for working capital to small businesses. The Paycheck Protection Program (PPP), is part of the new stimulus program known as the CARES ACT. It will be available for a business with 500 employees or less in need of payroll assistance as a result of COVID-19......(Click title to view full article)