Disaster Relief Loans For Integrators Examined

By Donald Maye, Published Mar 23, 2020, 03:23pm EDT

Integrators are being impacted by the coronavirus. Now, the US government is offering Economic Injury Disaster Loans (EIDL).

IPVM Image

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 *******

** ********* ** *********** who ***** **** * liquidity ****** ** ***** immediately ******* ** ***** massive ****** ** **********. However, ** *** **** up ** * ***** for * **** ** be *********, **** ** it ** **** ********. As ****, *** ********* ******** **** *** ** is ***** ******** ****** *********** ** ****** ******* to **** ** * month.

** *** **** ****, if *** ** ****** such * ********* ******, we ******** ********* *** to **** *********** ***** so **** *** ** not **** ** **** on **** **** ****** through.

500 ********* ***

*** *** ******* **** is *** ********** **** up ** *** *********, which ******** **% ** security ***********.

EIDL ********

*** ***** ******** ************** (SBA)********:

** *** **** ******** substantial ******** ****** *** are *** ** *** following ***** ** ********** located ** ********* ******** ****, *** *** ** eligible *** ** *** Economic ****** ******** **** (EIDL).

********** ** *** ** States *** *********** *** eligible ** ***** *** an **** - ** to $* ******* ***** a ******** ***** ** emergency *** **** ********.

** *** *** ******, loans *** ** **** to ***** ********* *** business ******* (**. *******, bills, ****). ***** ***** are ** ** **-**** fixed *** ** *.**% for ***** **********.

***** ****** ************ ******* credit *******, ******* ** repay *** **********, ** shown *****:

IPVM Image

*******, *** **** **** of ********** **** *** cause * **** ** be ********, *******, ** the ******** *** ********** (like * *****) **** must **** ** *********.

Overloaded *** ******** ********

*** **** ********* ******* with **** ******* ** simply ******* *********** ** contacting ***** ******. *** example, *** ******* *** been **** *** **** of *****, ** ***** below:

IPVM Image

**** **** ****** *** SBA (*-***-***-****) ** ****** more *********** *** **** report- ** **** ****** 551 ** *** *****.

Unprecedented *****

**** ** * ***** for **** ******** ******* and ********** *********. **************, the *** ** *** currently ******** ** ****** a **** ****** ** a ****** ****.

********

** **** **** ** create ** ******* *** begin ** *********** ** verify *************, ***** *** simple *** ***************.

*** *** ********** *****-**** ***************** ****** ******:

IPVM Image

*******, **** *** ****** to ****** ** *** process **** ** ******** to *********** ** ****** of ************.

Should *** *****?

******* * ******* ***** in ****** ***** *** be ***** - ** can ******* *******, *** cuts, ** ****** ******* slashing. ********** ***** *** should ** ** *** table - ********* **** from *** ******* **********. As ** *****, *** must ****** ** * federal **** ** ***** for *** *** **** business.

**** ****, ** **** business *** ****** ********* challenges ******* ** *****-** impacts, ******** ******** *********** for **********. ***** *** unprecedented ****** ** **** event, ** ********* ***** the ******** *** ************. The ******* ****** ******* is ****** ** *-* weeks. *******, **** ** not * ******* *****.

*****, **** **** ** have ***** ******* ** you ****** * ********* crunch.

Vote / ****

Share *********** ** ********

** *** **** ********** with *** *** ** an **** - **'* like ** **** **.

Comments (20)

Avatar

Sean Nelson

Nelly's Security
03/23/20 08:04pm

***** ***** **** **** are ******** *** ****. I **** **** **** could **** **** ** at * **** ***** interest ****, **** * really.

* ********** ***** **** should ** ******** **** to ********* ** ********** that *** ******** ** be **** ****.

Agree: 5
Disagree
Informative
Unhelpful
Funny

John Honovich

IPVM | In reply to Sean Nelson | 03/23/20 08:11pm

* **** **** **** could **** **** ** at * **** ***** interest ****, **** * really.

* ***** ******, **** at *.**%, **** *** going ** **** ***** (i.e., ********* ****) ******* a ***-******* ****** ** borrowers **** ********** *******. But **** ** *.**%, the ******** ** *** a ***, *.*., $***,*** loan, **** * ****** over $*** ** ******** per *****.

*** ****** ******** ** what **** **** ******** approve *** **** ***.

Agree
Disagree
Informative
Unhelpful
Funny

Undisclosed #1

In reply to John Honovich | 03/23/20 08:42pm

***** **** ****** ***** to ****** ***** *** members?

** ****** ** * months *** *******

Agree
Disagree: 3
Informative
Unhelpful: 4
Funny: 3

John Honovich

IPVM | In reply to Undisclosed #1 | 03/23/20 08:45pm

****, ****, ** ***** be ** ********* ***** and **** ** ****** employees. ** **** **** you ****?

** *** **** ****, for *********** *** *** laid *** ** **** their ****, ** **** work ** **** **** have **** ******.

Agree: 10
Disagree
Informative: 2
Unhelpful
Funny

Undisclosed Manufacturer #2

In reply to Undisclosed #1 | 03/25/20 04:32pm

***** *** ****** **** and ************** ******* ** more ******** ** *** credits ****.

Agree
Disagree
Informative
Unhelpful
Funny: 3

Jay Hobdy

IPVMU Certified | 03/24/20 11:31am

*** ******* *** ** payroll. * ******* ***** are **** ***** ** the ***** **** **** help ********* **** *** laid ***.

** *** ***** ** wrap ** * ***, and ******** * ** not **** ******* ****. This *** **** *******, and ** * ** not **** ** ***** about ****** ********* ***** at ****, * ***** we **** ** ****.

**** ** * *** a ****, * *** not *** ********* *** 3 ** * ***** while ** ****, **** have ** *** **** loan ****.

Agree: 1
Disagree
Informative
Unhelpful
Funny

Undisclosed Integrator #3

In reply to Jay Hobdy | 03/28/20 02:22am

*** *** ****** **** into *** ******** ********** program. ** ** ****** to ***** *** *** will, ***********, **** **** grant ***** ** ******** within * ***** ** issuance *** ******** **** as *******, ******* *****, workers ************ ********, ******** employees, ******* ********, *********, and ******** ********.

** ** * *** of ********* *** ******** two **** ****** ** funding *** *** ***** and **** *** **** to ** **** **** if ******** ******** (***********, free *****). ***** ** that *** ******* ****** lay-off ** ******** *********.

** *** ***** ** not **** *** *** above ** ****** ******* to * *** ******** loan.

Agree
Disagree
Informative: 1
Unhelpful
Funny

Jay Hobdy

IPVMU Certified | In reply to Undisclosed Integrator #3 | 03/28/20 01:16pm

* *** ****

* ** *** **** we **** ******* ** we ***** *** **** taxes *** *** ** a ******* ****.

** **** *** ***** to ***** ** * LOC **** ****, *** that *** **** ** out ** *** "***'* get * **** *********". Not **** ** **** pertains ** *** ******** loan ******.

** ** ***'* ** that, * ******* ***** is **** **** ************ programs ** *** ***.

Agree
Disagree
Informative
Unhelpful
Funny
Avatar

Sean Nelson

Nelly's Security
In reply to Jay Hobdy | 03/28/20 02:06pm

* ***** *** ******** where ****** ****** ** other ***** ** ***** taxes ************ ***. *** you **** * ****

Agree
Disagree
Informative
Unhelpful
Funny

Jay Hobdy

IPVMU Certified | In reply to Sean Nelson | 03/28/20 02:13pm

* **** ******* **** webinars *** *** **** I ****** ** **** some ** ****.


**** ** * ********** from *** *******. ** does *** ** *** loan ** ******* **** 350K **.....

****, **** & ********** SBA ********* – ***.****

**** ** ******** ******* For ** *** ****?

*** **** ************* ** pretty ******. ***** *** a *** ************ **** you **** ****, **** as ********* **** ******** within *** ****** ****** and *** ****** *********** **** *********** ** the **********. ************, **'* *** nearly ** ****** ** qualify *** *** ***** as *** ***** *****.

Agree
Disagree
Informative: 1
Unhelpful
Funny
Avatar

Sean Nelson

Nelly's Security
In reply to Jay Hobdy | 03/28/20 02:23pm

* ******* ***** * different **** ******* **** what * *** ********* to ****. *** *** i *** ********* ** is *** ***** ******** act ***** **** **** you * **** ***** off ** *.* ****** of ******* *** ** long ** *** *** those ***** *** ******* and *** *** ***** that *** *** ***** funds *** *******, *** government **** ******* * weeks ** *** ******* costs. ******* **** **** you **** ***** ** make * ***** ** payroll. ** *** * havent **** *** *************. You *** **** *** some ** ** *** rent ******* *** ********* which *** **** **** forgives.

Agree
Disagree
Informative
Unhelpful
Funny

Jay Hobdy

IPVMU Certified | In reply to Sean Nelson | 03/28/20 02:45pm

****, *** **** * busy **** ** ******** webinars ***. *** **** of ****. *** ***** be *****.

********** ** ******** ******* school ** *********, *** finished ** **********. *** has * ******* *** dealing **** *******, *** the ***. ** *** is *** ****** * am ********* **** **. :)

Agree
Disagree
Informative
Unhelpful
Funny

Jason Crist

IPVMU Certified | 03/24/20 12:13pm

** *** * ******* yesterday ** *** ******** SBA ***********. *** ******** they ******'* ****** *** - ** *** ******** grant/forgiveness **** ******** ** working **, *** ****** employees ** **** ** the ******* ******* ** laying **** ***, *** be ******* ** *** of ***** *** *****.

**** **** **** *** don't **** ** **** the ***** **** ******** which ****** *** ** apply *** *** ** things *** ****** ** the **** ** ******** you *** **** *** take **

Agree
Disagree
Informative: 3
Unhelpful
Funny
Avatar

Michael Votaw

03/24/20 12:41pm

** *****, ********** *** small ******** ** **** you **** ** ***** the ****. ***** ********** that *** **** ** the **** *** *** least ******* ** ******** it. *** ******** ****** of **** **** **** far ******** *** ****** aspect.

Agree: 1
Disagree: 1
Informative
Unhelpful
Funny

Jason Crist

IPVMU Certified | In reply to Michael Votaw | 03/24/20 01:12pm

**** ****** ***** ** read *****... *** ***** are **** ********* *** the ******* ** *** the ***** ** ** available. ****** ************ *** very ***. *** **** how *** *** ******* the ******** ****** *** every ********** ** **** in ********.

Agree: 5
Disagree
Informative
Unhelpful
Funny
Avatar

Rueben Orr

In reply to Jason Crist | 03/25/20 03:49pm

** ****** **** **** millions **** ** ******* a "****" *** *** new ******** *******. ****'* another ****** ******** ***** if ** ***'* **** have ** *** ** back?

Agree
Disagree
Informative
Unhelpful
Funny
Avatar

Michael Votaw

In reply to Jason Crist | 03/25/20 08:13pm

* ****'* *** * think *** ******** ****** pay ** **** ****** in ********. *'* *** for ******* *** ****, air ** ****** ****. My ***** ** **** if **** **** ** pay ** ****, ** may ***** *** **** some ********** **** *** tight ** *** **** run, **** ***** ***** demise. ***, *** ******** (all ** ** ******* 50+ ***** * **** trying ** *** *****) will *** ***** ******* the ********* *** ** usual. **** ***'* ** good.

Agree
Disagree
Informative
Unhelpful
Funny

Undisclosed Integrator #3

In reply to Michael Votaw | 03/28/20 02:24am

******* ****** **** **** the ******* ********** ****. As ********** *****, **** loan **** *** **** to ** ****** ** utilized ********* ** *** terms ** *** ****.

** ** * **** changer *** **.

Agree
Disagree
Informative
Unhelpful
Funny

Scott Brothers

03/25/20 11:55am

*** ** *********** **** is * **** ** a ******* ******** ** Deloitte ** ******** ** the ****** ******* ******* being ******** ** *** UK **********: -

*****-** ********** ******** - 24/03/2020

Agree
Disagree
Informative: 1
Unhelpful
Funny

Erik Trembulak

04/01/20 01:13pm

********** *** ***** ********** | *.*. ********** ** the ********

Agree
Disagree
Informative
Unhelpful
Funny
Read this IPVM report for free.

This article is part of IPVM's 7,197 reports and 958 tests and is only available to subscribers. To get a one-time preview of our work, enter your work email to access the full article.

Already a subscriber? Login here | Join now
Loading Related Reports