To all our dear clients:
The Small Business Administration is now taking pre-applications for the COVID 19 Economic Injury Disaster Loan Application to issue $10,000.00 cash advances. All federally legal business entities, including schedule C sole proprietorships may qualify.
The initial application after the cash advances will be used to qualify you for additional loans including the Paycheck Protection Loan Program (PPP) which may eventually be forgiven if employers maintain their payroll.
We recommend applying online at https://covid19relief.sba.gov if you need additional funds at this time.
You will not need documentation at this point. For Federally legal entities, you will only need your 02/01/2019 – 01/31/2020 gross revenues as well as cost of goods sold if you have any, the entity’s information such as EIN and address, etc as well as the owner / agent’s social security number, date of birth and place of birth. In addition, you will need your bank account and routing number.
If you need assistance with the application, feel free to respond to this email (firstname.lastname@example.org) by writing “please input the application request for _______”. We will input the application for you at our regular rates using your card or bank information currently on file to pay our fee for the application. Please contact us if you would like us to make other payment arrangements. So far, depending on whether we needed to gather the data or we have the data already, the fee has ranged from $450.00 to $675.00.
Thank you and stay safe.