Your questions on the lockdown and U.S. small business, answered

France Nouvelles Nouvelles

Your questions on the lockdown and U.S. small business, answered
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

What can small businesses do now if they are strapped for cash? Here's how experts answered questions in today's Twitter chat about the pandemic's effect on small business

FILE PHOTO: A closed sign is shown on the window of a beach sports store during the outbreak of the coronavirus disease in Encinitas, California, U.S., April 9, 2020. REUTERS/Mike Blake/File Photo

“The Small Business Association ’s Paycheck Protection Program loan program can provide loans that are forgiven if used to maintain employees’ jobs. There are also Disaster Relief Loans and many others governed by the SBA. Each loan has an application. The servicer may require additional documents.”Who should apply for economic disaster injury loans and/or paycheck protection loans?

“Banks have 10 days to fund approved PPP loans. Economic Injury Disaster Loans take three to five days for approval then up to three weeks for funds. To cut red tape, have all documents in order.”What should small businesses do in the meantime if they are strapped for cash? “If you clearly see that what you do is going the way of the dinosaurs, take action now before it’s too late, and you are psychologically defeated. Find the next gig that is growing, and interests you and has longevity.”How can a small business owner tell if their accountant is on top of all the important financial tasks?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Yearning for a pint? Brussels brewers deliver to homes during coronavirus lockdownYearning for a pint? Brussels brewers deliver to homes during coronavirus lockdownYearning for a pint? With beer sales hit by the coronavirus lockdown, small Brussels breweries are offering a delivery service to the homes of thirsty customers and for some business is booming
Lire la suite »

Small business loans top $296 billion and could reach the program's limit by the end of WednesdaySmall business loans top $296 billion and could reach the program's limit by the end of WednesdaySmall business loans top $296 billion and could reach the program’s limit by the end of Wednesday
Lire la suite »

Small business tool Square to roll out coronavirus stimulus loan applicationsSmall business tool Square to roll out coronavirus stimulus loan applicationsSquare, the payment tool many small businesses use to process customers' credit cards, said it will begin rolling out stimulus loan applications to its customers, as part of the U.S. government's Paycheck Protection Program.
Lire la suite »

Everything You've Ever Wanted To Know About Exfoliation, ExplainedEverything You've Ever Wanted To Know About Exfoliation, ExplainedAll of your most pressing questions about exfoliation, answered by a dermatologist.
Lire la suite »

Everything You've Ever Wanted To Know About Exfoliation, ExplainedEverything You've Ever Wanted To Know About Exfoliation, ExplainedAll of your most pressing questions about exfoliation, answered by a dermatologist.
Lire la suite »

Exclusive: Sheryl Sandberg On Leading Through Crisis And Facebook’s Efforts To Save American BusinessesExclusive: Sheryl Sandberg On Leading Through Crisis And Facebook’s Efforts To Save American BusinessesFacebook COO sherylsandberg on leading through crisis and the company's efforts to support small businesses by WallStManeet
Lire la suite »



Render Time: 2025-03-22 23:20:06