When you learn the sequence of disaster assistance youll see it goes from FEMA to the SBA for loans. No one tells you about the long term assistance your state is working on just days after your declared disaster. HUD CDBG-DR Funds an option to a loan.

By Murray W. published 1-2-2020 updated 3-28-2020
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Can I take both PPP and EIDL then ask for 100 forgiveness for my PPP and use my EIDL as working capital to cover my reduced earnings because of the covered period of the COVID-19 pandemic?

By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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More information about what you can use your SBA EIDL for. Its working capital, its for reduction in revenue earnings during a disaster and we are in a declared disaster which should mean you cut back when you can and budget.

By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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The BI Guaranteed Loan program, as funded by the CARES ACT. The BI CARES Act Program will focus assistance to rural businesses, including agribusinesses and agricultural producers, with financial needs unmet by other Federal Government programs.

By Murray Wennerlund published 5-25-2020 updated 5-25-2020
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With more independent contractors, freelancers, gig workers being counted out of the disaster recovery process it looks like SBA Economic Injury Disaster Loans may be a low costs option but only if your business is going to be able to return.

By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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Many of you are treating the Economic Injury Disaster Emergency Grant assistance as a Stimulus check.

By Writers Pool published 8-5-2020 updated 8-5-2020
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For informational purposes only, not a comprehensive list provided by one of the many SBA SBDC.

By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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Eligible person or entity means a live venue operator or promoter, theatrical producer, or live per forming arts organization operator, a relevant museum operator, a motion picture theatre operator, or a talent representative that meets the following

By Murray Wennerlund published 1-11-2021 updated 1-26-2021
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When you are looking for disaster loans and you think SBA disaster loans I want you to ask your local lenders first for the same rates and better service. Then if youre denied then apply for the SBA loan. But apply as last resort to your financial needs.

By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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During any declared disaster in which businesses can provide proof of economic injury or in simple terms loss of revenue as a direct result of the disaster the business will still be required to qualify for the loan based on the ability to repay the loan.

By Murray Wennerlund published 9-3-2020 updated 9-3-2020
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