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Dependable
Level 5
April 9, 2020

Small businesses with few or no employees

  • April 9, 2020
  • 5 replies
  • 40 views

What programs are available to small businesses with 0-2 employees that have their businesses curtailed by Covid 19.  And what documents are required?

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5 replies

User_61
User_61
Level 7
April 9, 2020

Several programs. Documentation depends on through which bank you apply for the loan. They all set their own rules. Here's a link to some information PPP ISSUES

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    DependableAuthor
    Level 5
    April 9, 2020

    Thank you

      User_61
      User_61
      Level 7
      April 9, 2020

      From the Small Business Administration's site the new programs: 

      1. Paycheck Protection Program
      2. EIDL Loan Advance (Economic Injury Disaster)
      3. SBA Express Bridge Loans
      4. SBA Debt Relief

      IRS: Coronavirus Tax Relief for Businesses and Tax-Exempt Entities

      1. Employee Retention Credit Available for Many Businesses Financially Impacted by COVID-19
      2. Coronavirus-Related Paid Leave for Workers and Tax Credits for Small- and Mid-Size Businesses
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