Dependable
Level 4
04-09-2020
01:26 PM
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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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User FIDO 61
Level 8
04-09-2020
01:30 PM
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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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Dependable
Level 4
04-09-2020
01:31 PM
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Thank you
User FIDO 61
Level 8
04-09-2020
01:36 PM
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From the Small Business Administration's site the new programs:
- Paycheck Protection Program
- EIDL Loan Advance (Economic Injury Disaster)
- SBA Express Bridge Loans
- SBA Debt Relief
IRS: Coronavirus Tax Relief for Businesses and Tax-Exempt Entities
- Employee Retention Credit Available for Many Businesses Financially Impacted by COVID-19
- Coronavirus-Related Paid Leave for Workers and Tax Credits for Small- and Mid-Size Businesses
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Dependable
Level 4
04-09-2020
01:47 PM
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Thanks
sjrcpa
Level 15
04-09-2020
01:51 PM
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Employee Retention Credit
Payroll tax deferral
The more I know the more I don’t know.
