The SBA recently posted information about a new Targeted EIDL Advance at: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/covid-19-economic-injury-disaster-loans as follows: COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020,...
Last week, the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. Most healthcare practice owners should...
The SBA made it very easy for practice owners to receive an EIDL loan of up to $150k with a fixed 3.75% interest rate over a 30-year term. And a lot of practice owners decided to accept this EIDL loan. As we posted:...
The SBA made it very easy for practice owners to receive an EIDL loan of up to $150k with a fixed 3.75% interest rate over a 30-year term. And a lot of practice owners decided to accept this EIDL loan. As we posted last month at:...
As we wrote last week, the SBA is now reaching out to small business owners that their Economic Injury Disaster Loans are now available.? That article is available at: https://schwartzaccountants.com/2020/05/economic-injury-disaster-loans-eidl-are-now-granted/ There...
By the end of last week, a few clients reached out to us to let us know that they received the SBA approval for their EIDL loan.? The amount for most loans came in at $150k. We were then asked if they should take advantage of these loans. We are recommending that...