The Covid-19 pandemic has shutdown thriving small businesses forcing them to go from 100 to zero overnight. We summarize the Stimulus Act for the coronavirus, how you can apply, what loans are forgivable, and why you should apply regardless of the current state of your business or nonprofit.
Overview of the Cares Act
https://www.forbes.com/sites/brianthompson1/2020/03/29/getting-cash-for-your-small-business-through-the-cares-act/#5ea87aec43a0
What the stimulus means for small businesses.
https://medium.com/masterplans/what-the-economic-stimulus-really-means-for-small-businesses-part-2-a997f6870e81?source=linkShare-6c2d5f0594aa-1585527629&_branch_match_id=643918976197482872
https://medium.com/masterplans/what-the-economic-stimulus-really-means-for-small-businesses-205815b68555
How not to get disqualified for a loan.
https://medium.com/masterplans/cares-act-7-a-loan-benefits-dont-get-disqualified-269f1cf8e041?source=linkShare-6c2d5f0594aa-1585527803&_branch_match_id=643918976197482872
Where to apply directly for an EDIL loan
www.SBA.gov/disaster
SBA info on Coronavirus
www.sba.gov/coronavirus.
Step by step calculation for Paycheck Protection Loan Guarantee
https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf
Guidance on Paycheck loan
https://home.treasury.gov/system/files/136/PPP--IFRN%20FINAL.pdf