COVID-19 UPDATE – SBA Loans & CARES Act Loans (PPP)
I attended this presentation:
It provided a good overview of the two different loans that are now available to assist businesses deal with the effects of this virus. Even if you do not anticipate being crippled by this, it is my recommendation to look forward beyond your current financial state and think about the months ahead. These programs are valuable and meant to assist small businesses maintain their payroll. Talk with your lender/ banker about filing an application.
Don’t hesitate to reach out with any questions or concerns.