Disaster Relief Loans For Integrators Examined
Integrators are being impacted by the coronavirus. Now, the US government is offering Economic Injury Disaster Loans (EIDL).
We researched this, including contacting the Small Business Administration to better understand how the process works and the likelihood that this will help integrators.
Executive *******
** ********* ** *********** *** ***** have * ********* ****** ** ***** immediately ******* ** ***** ******* ****** in **********. *******, ** *** **** up ** * ***** *** * loan ** ** *********, **** ** it ** **** ********. ** ****, you ********* ******** **** *** ** ** ***** applying ****** *********** ** ****** ******* ** **** in * *****.
** *** **** ****, ** *** do ****** **** * ********* ******, we ******** ********* *** ** **** alternative ***** ** **** *** ** not **** ** **** ** **** loan ****** *******.
500 ********* ***
*** *** ******* **** ** *** businesses **** ** ** *** *********, which ******** **% ** ******** ***********.
EIDL ********
*** ***** ******** ************** (***)********:
** *** **** ******** *********** ******** injury *** *** *** ** *** following ***** ** ********** ******* ** a******** ******** ****, *** *** ** ******** *** an *** ******** ****** ******** **** (EIDL).
********** ** *** ** ****** *** territories *** ******** ** ***** *** an **** - ** ** $* million ***** * ******** ***** ** emergency *** **** ********.
** *** *** ******, ***** *** be **** ** ***** ********* *** business ******* (**. *******, *****, ****). Loans ***** *** ** ** **-**** fixed *** ** *.**% *** ***** businesses.
***** ****** ************ ******* ****** *******, ability ** ***** *** **********, ** shown *****:
*******, *** **** **** ** ********** will *** ***** * **** ** be ********, *******, ** *** ******** has ********** (**** * *****) **** must **** ** *********.
Overloaded *** ******** ********
*** **** ********* ******* **** **** program ** ****** ******* *********** ** contacting ***** ******. *** *******, *** website *** **** **** *** **** of *****, ** ***** *****:
**** **** ****** *** *** (*-***-***-****) to ****** **** *********** *** **** report- ** **** ****** *** ** the *****.
Unprecedented *****
**** ** * ***** *** **** business ******* *** ********** *********. **************, the *** ** *** ********* ******** to ****** * **** ****** ** a ****** ****.
********
** **** **** ** ****** ** account *** ***** ** *********** ** verify *************, ***** *** ****** *** straightforward.
*** *** ********** *****-**** ***************** ****** ******:
*******, **** *** ****** ** ****** if *** ******* **** ** ******** to *********** ** ****** ** ************.
Should *** *****?
******* * ******* ***** ** ****** times *** ** ***** - ** can ******* *******, *** ****, ** severe ******* ********. ********** ***** *** should ** ** *** ***** - including **** **** *** ******* **********. As ** *****, *** **** ****** if * ******* **** ** ***** for *** *** **** ********.
**** ****, ** **** ******** *** severe ********* ********** ******* ** *****-** impacts, ******** ******** *********** *** **********. Given *** ************* ****** ** **** event, ** ********* ***** *** ******** for ************. *** ******* ****** ******* is ****** ** *-* *****. *******, this ** *** * ******* *****.
*****, **** **** ** **** ***** options ** *** ****** * ********* crunch.
Vote / ****
Share *********** ** ********
** *** **** ********** **** *** SBA ** ** **** - **'* like ** **** **.
* **** **** **** ***** **** done ** ** * **** ***** interest ****, **** * ******.
* ***** ******, **** ** *.**%, they *** ***** ** **** ***** (i.e., ********* ****) ******* * ***-******* number ** ********* **** ********** *******. But **** ** *.**%, *** ******** is *** * ***, *.*., $***,*** loan, **** * ****** **** $*** in ******** *** *****.
*** ****** ******** ** **** **** will ******** ******* *** **** ***.
***** **** ****** ***** ** ****** rates *** *******?
** ****** ** * ****** *** example
****, ****, ** ***** ** ** financial ***** *** **** ** ****** employees. ** **** **** *** ****?
** *** **** ****, *** *********** who *** **** *** ** **** their ****, ** **** **** ** help **** **** **** ******.
***** *** ****** **** *** ************** comment ** **** ******** ** *** credits ****.
*** ******* *** ** *******. * believe ***** *** **** ***** ** the ***** **** **** **** ********* that *** **** ***.
** *** ***** ** **** ** a ***, *** ******** * ** not **** ******* ****. **** *** will *******, *** ** * ** not **** ** ***** ***** ****** employees ***** ** ****, * ***** we **** ** ****.
**** ** * *** * ****, I *** *** *** ********* *** 3 ** * ***** ***** ** home, **** **** ** *** **** loan ****.
*** *** ****** **** **** *** paycheck ********** *******. ** ** ****** to ***** *** *** ****, ***********, turn **** ***** ***** ** ******** within * ***** ** ******** *** expenses **** ** *******, ******* *****, workers ************ ********, ******** *********, ******* premiums, *********, *** ******** ********.
** ** * *** ** ********* but ******** *** **** ****** ** funding *** *** ***** *** **** not **** ** ** **** **** if ******** ******** (***********, **** *****). Catch ** **** *** ******* ****** lay-off ** ******** *********.
** *** ***** ** *** **** for *** ***** ** ****** ******* to * *** ******** ****.
* *** ****
* ** *** **** ** **** qualify ** ** ***** *** **** taxes *** *** ** * ******* plan.
** **** *** ***** ** ***** on * *** **** ****, *** that *** **** ** *** ** the "***'* *** * **** *********". Not **** ** **** ******** ** the ******** **** ******.
** ** ***'* ** ****, * believe ***** ** **** **** ************ programs ** *** ***.
* ***** *** ******** ***** ****** access ** ***** ***** ** ***** taxes ************ ***. *** *** **** a ****
* **** ******* **** ******** *** its **** * ****** ** **** some ** ****.
**** ** * ********** **** *** webinar. ** **** *** ** *** loan ** ******* **** **** **.....
****, **** & ********** *** ********* – ***.****
**** ** ******** ******* *** ** SBA ****?
*** **** ************* ** ****** ******. There *** * *** ************ **** you **** ****, **** ** ********* your ******** ****** *** ****** ****** and *** ****** *********** **** *********** ** *** **********. ************, **'* *** ****** ** strict ** ******* *** *** ***** as *** ***** *****.
* ******* ***** * ********* **** program **** **** * *** ********* to ****. *** *** * *** referring ** ** *** ***** ******** act ***** **** **** *** * loan ***** *** ** *.* ****** of ******* *** ** **** ** you *** ***** ***** *** ******* and *** *** ***** **** *** use ***** ***** *** *******, *** government **** ******* * ***** ** the ******* *****. ******* **** **** you **** ***** ** **** * weeks ** *******. ** *** * havent **** *** *************. *** *** also *** **** ** ** *** rent ******* *** ********* ***** *** govt **** ********.
****, *** **** * **** **** of ******** ******** ***. *** **** of ****. *** ***** ** *****.
********** ** ******** ******* ****** ** marketing, *** ******** ** **********. *** has * ******* *** ******* **** numbers, *** *** ***. ** *** is *** ****** * ** ********* this **. :)
** *** * ******* ********* ** the ******** *** ***********. *** ******** they ******'* ****** *** - ** the ******** *****/*********** **** ******** ** working **, *** ****** ********* ** stay ** *** ******* ******* ** laying **** ***, *** ** ******* to *** ** ***** *** *****.
**** **** **** *** ***'* **** to **** *** ***** **** ******** which ****** *** ** ***** *** and ** ****** *** ****** ** the **** ** ******** *** *** just *** **** **
** *****, ********** *** ***** ******** is **** *** **** ** ***** the ****. ***** ********** **** *** need ** *** **** *** *** least ******* ** ******** **. *** economic ****** ** **** **** **** far ******** *** ****** ******.
**** ****** ***** ** **** *****... The ***** *** **** ********* *** the ******* ** *** *** ***** to ** *********. ****** ************ *** very ***. *** **** *** *** can ******* *** ******** ****** *** every ********** ** **** ** ********.
** ****** **** **** ******** **** be ******* * "****" *** *** new ******** *******. ****'* ******* ****** trillion ***** ** ** ***'* **** have ** *** ** ****?
* ****'* *** * ***** *** citizens ****** *** ** **** ****** in ********. *'* *** *** ******* out ****, *** ** ****** ****. My ***** ** **** ** **** have ** *** ** ****, ** may ***** *** **** **** ********** that *** ***** ** *** **** run, **** ***** ***** ******. ***, the ******** (*** ** ** ******* 50+ ***** * **** ****** ** get *****) **** *** ***** ******* the ********* *** ** *****. **** won't ** ****.
******* ****** **** **** *** ******* protection ****. ** ********** *****, **** loan **** *** **** ** ** repaid ** ******** ********* ** *** terms ** *** ****.
** ** * **** ******* *** us.
*** ** *********** **** ** * link ** * ******* ******** ** Deloitte ** ******** ** *** ****** funding ******* ***** ******** ** *** UK **********: -
***** ***** **** **** *** ******** the ****. * **** **** **** could **** **** ** ** * much ***** ******** ****, **** * really.
* ********** ***** **** ****** ** offering **** ** ********* ** ********** that *** ******** ** ** **** down.