EIDL Update: SBA Clarifies $10,000 EIDL Recipients & Section 332

EIDL Update: SBA Clarifies $10,000 EIDL Recipients & Section 332
PPP Round 1& 2 Apply Free Online: https://ift.tt/2Ma8LZZ

EIDL grant update: I received clarification from the SBA as to who can expect EIDL advances and the potential for a non-targeted advance again.

Download EIDL 2 Eligibility Calculator Here: https://ift.tt/36aK5I3

My in-depth moving company course: https://ift.tt/3qA4nT5

Get 2 FREE Stocks Valued Between $12-$1600 when you deposit $100 into a WeBull brokerage account: https://ift.tt/38Zd9En

Get your “P R O F I T A B L E” merch here: https://ift.tt/35TMSoM

Subscribe for a profitable day: https://bit.ly/2HdKrSI

Get emailed to be notified of new posts and exclusive content. No sales. No BS. https://ift.tt/2RxLPDR

Check out my blog for more content: https://maxwellmaher.co

Follow my Instagram for extras and additional content: https://ift.tt/3dIu6SO

EIDL News
The Economic Injury Disaster Loan or EIDL is set to open it’s portal doors on the 17th of January. Congress has allocated another $40 billion for second round grants and EIDL loans.

Back on March 27th the first round of Covid grants and loans were approved and with that came a grant up to $10,000.

The SBA changed the rules of this grant after the fact to $1000 per employee leaving some small business owners feeling like they lost out on the full grant. And by some I mean pretty much everyone.

There was outrage, word of class action lawsuits, petitions, you name it.

Well there’s some good news.

This second round appears to cover this. Many those small businesses that received a grant smaller than $10,000 will soon be eligible for the remaining difference.

If you got $1000 the first grant you may potentially get the remaining $9000.

How do you qualify for an EIDL grant?

First you have to be a qualified entity defined through the CARES Act. These include small business and cooperations with fewer than 300 employees for the second round, that’s down 500 from the first round.

Your business must also be located in a low-income community:
and
Your business also needs to have suffered an economic loss greater than 30%

#eidl #ppp #stimulus

Apply online PPP 2: https://ift.tt/2Ma8LZZ

Related Documents:
Low income community/Census tract income data: https://ift.tt/1n5HTsa
Empowerment Zones and Enterprise Communities Map
https://ift.tt/2MoOaBC
Look up Metropolitan Census Data:
https://ift.tt/2i01FnJ
Full Stimulus Bill Text:
https://ift.tt/3nGUXUG
State Income PDF data: https://ift.tt/3c5IJSP

For one-on-one business consulting email me at [email protected]

Mic I Use: https://amzn.to/34x2Pj6
4k Camera I Use: https://amzn.to/3een0a2
via YouTube https://www.youtube.com/watch?v=J2wMCxAyPqI