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The most well-known of the the four new options PPP is designed to help employers keep their workforce employed The program offers loan loan forgiveness for for for retaining employees by temporarily expanding the traditional SBA 7(a) loan loan program Learn more and and apply HERE Economic Injury Disaster Loan Advance (EIDL)
This option provides immediate relief in the form of of a a a a a loan of of up to to to to $10 000 that does not need to to to to be paid back Initially available to to to to all all businesses
businesses
EIDL is now restricted to to to to agricultural businesses
businesses
only Learn more and apply HERE SBA Express Bridge Loans
Designed to to be a a a a lifeline for for specific existing customers with urgent cash needs The SBA SBA Express Bridge Loans
are for for small businesses
that already have a a a a a a a a a a a a a relationship with a a a a a a a a a a a a a SBA SBA Express lender this option allows owners to to access up to to $25 000 quickly More details are available HERE
