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Paycheck Protection Program (PPP) & SBA Disaster Loan Assistance

Автор: Accounting Instruction, Help, & How To (Financial & Managerial)

Загружено: 2020-04-01

Просмотров: 2321

Описание: COVID-19 economic stimulus and business support.

   • Paycheck Protection Program Interim Final ...  
   • Paycheck Protection Program Economic Injur...  
   • Payment Protection Program Based on 2019 G...  

https://home.treasury.gov/policy-issu...

https://covid19relief.sba.gov/#/

https://www.sba.gov/document/sba-form...

Assistance for Small Businesses
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

For a top-line overview of the program CLICK HERE
If you’re a lender, more information can be found HERE
If you’re a borrower, more information can be found HERE
The application for borrowers can be found HERE

COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION
STREAMLINED PROCESS REQUIREMENTS
SBA is collecting the requested information in order to make a loan under SBA’s Economic Injury Disaster Loan Program to the qualified entities listed in this application that are impacted by the Coronavirus (COVID-19). The information will be used in determining whether the applicant is eligible for an economic injury loan. If you do not submit all the information requested, your loan cannot be fully processed.

The Applicant understands that the SBA is relying upon the self-certifications contained in this application to verify that the Applicant is an eligible entity to receive the advance, and that the Applicant is providing this self-certification under penalty of perjury pursuant to 28 U.S.C. 1746 for verification purposes.

The estimated time for completing this entire application is two hours and ten minutes, although you may not need to complete all parts. You are not required to respond to this collection of information unless it displays a currently valid OMB approval number.

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