Applied for the Paycheck Protection Program? Here’s what to expect from your lender after you have applied for the PPP program and how to prepare for the next step (submitting documents).
The Paycheck Protection Program is a federal relief program established by Congress and implemented by the U.S. Treasury Department and the Small Business Administration (SBA) with rules, requirements, protocols and processes that all participating banks must follow. In this video, discover the way the PPP program is supposed to work, what the banks are going through, how to find local lenders and what to say when trying to build a new lender relationship.
If you’re thinking “I can’t pay my mortgage”, you are not alone. Discover the downsides of mortgage forbearance – the mortgage relief program in the CARES Act. Everything you need to know about the current Mortgage Crisis. Borrowers are flooding into the government’s mortgage forbearance program and overwhelming payers.
Confused about the difference between the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP)? We make sense of all the information coming from the SBA in this rapidly changing environment so you can make an informed decision.
It’s a recession and you are stuck at home in a quarantine, bored. Our fundamental human needs – food / water / shelter (basic), friendship / respect / recognition (psychological) and mission / purpose (self-fulfillment) are more important than ever. Here are 3 ways to improve physically, psychologically & intellectually to help others and to make the world a better place even in the middle of a recession, during a quarantine