Disaster Relief Loans For Integrators Examined

By Donald Maye, Published on Mar 23, 2020

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

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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 *****:

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

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

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

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**** **** ****** *** 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 **** ****.

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 *** **** ***.

Undisclosed #1

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

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

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

John Honovich

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

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

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

Undisclosed Manufacturer #2

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

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

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 ****.

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.

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 ** *** ***.

Avatar

Sean Nelson

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

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

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 *** ***** *****.

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.

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 ********* **** **. :)

Jason Crist

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 **

Avatar

Michael Votaw

03/24/20 12:41pm

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

Jason Crist

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

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

Avatar

Rueben Orr

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

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

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.

Undisclosed Integrator #3

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

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

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

Scott Brothers

03/25/20 11:55am

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

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

Erik Trembulak

04/01/20 01:13pm

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

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