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The Weekly Wrap: 04.11.20
How do you get help from the Coronavirus stimulus packages? Here's a few ways:
Economic Impact Payment: this is the stimulus check that most citizens will get, and most people will get it automatically.
The Paycheck Protection Program: small business loans that may be forgiven if used to keep employees, and convert the rest to a low-interest SBA loan. SBA.gov
Economic Injury Disaster Loans: business loans that may forgive a $10,000 advance, and convert the rest to a low-interest SBA loan.
FFCRA - Family First Coronavirus Relief Act: This portion of the stimulus bill relaxes the qualification…
The skinny
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