The below-linked .pdf document provides a summary of the Small Business Administration’s (SBA) relief programs for small businesses impacted by COVID-19. The SBA’s Paycheck Protection Program (PPP) Loans are particularly valuable as PPP loans can be converted into a tax free federal grant of up to $10MM upon satisfying program requirements.
All qualifying businesses (with the exception of self-employed individuals and independent contractors) can seek this relief now. Self-employed individuals and independent contractors can apply beginning this Friday, April 10, 2020.
For more information please Click Here to download the .pdf document to learn more about the SBA programs. Contact information for Meyer, Unkovic & Scott’s COVID-19 Small Business Relief Group attorneys is included in the .pdf as well as through the links below.