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Listen "SNEW Episode Five with Nate Reynolds"
Episode Synopsis
This weeks SNEW's come from Nate Reynolds from Rubix Accounting Company. Today Nate helps us understand SBA Loan Opportunities Under the CARES Act. Under the CARES Act, Congress has appropriated $350 billion for Small Business Administration (SBA) Paycheck Protection Loans of up to $10 million to small businesses impacted by COVID-19.Here's some helpful links we discussed during the episode: -SBA Economic Injury Disaster Loan Application-SBA Paycheck Protection Loan Program details(this loan program requires you to apply at your local bank)-Resources that explain the loans in details:https://www.pillsburylaw.com/en/news-and-insights/sba-loan-cares-act-covid-19.html?fbclid=IwAR1JukcKeXu2aDf67eKimDlRo8r0V08QZmT5hyXEQ9xG4h2RETxNu1hQIgAhttps://www.arnoldporter.com/en/perspectives/publications/2020/03/small-business-loan-relief-from-cares-act?fbclid=IwAR0qQIXQHmrPSmSffzwanDZsNKv5glRGwunXupG-O9bnidDgL0eurxHMSC0-Unemployment link to find more info on your state’s program-Federal UnemploymentSupport the show
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