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Tag: cares act

A $10,000 Gift to Small Businesses

Written by Adam Scott, CFP® on .

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All small businesses and the self-employed suffering from the pandemic should apply for this forgivable SBA Economic Injury Disaster Loan (EIDL).  Amongst the frenzy and chaos of applying for the Payroll Protection Plan most small business owners have overlooked it. You can apply for up to $2 Million, but the forgivable amount is $10,000. The application process is way simpler and best, of all, you may well qualify for both this and the PPP.  

cares act, covid-19, economic relief

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