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COVID-19 Disaster Loans: Help With Paycheck Protection Program For Small Businesses

Paycheck Protection Program offers loans of up to $10 million based on the level of the small businessu2019s u201cpayroll costsu201d. This program is designed to support small businesses in their efforts to retain employees on their payroll. For more information, please contact us. CFOs2GO, Suite 410, 500 Ygnacio Valley Road, Walnut Creek, CA 94596, Phone: 925-299-4450, https://www.2gocompanies.com/cfos2go

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COVID-19 Disaster Loans: Help With Paycheck Protection Program For Small Businesses

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  1. COVID-19 Disaster Loans: Help With Paycheck Protection Program For Small Businesses Call925-299-4450

  2. About CFOs2GO Through the Coronavirus COVID-19 crisis, CFOs2GOprovides the financial expertise you need, delivers it immediately and anywhere in the U.S. We are driven to produce value for our clients. We also help companies to setting up a company in the us. Call925-299-4450

  3. Paycheck Protection Program Paycheck Protection Program offers loans of up to $10 million based on the level of the small business’s “payroll costs”. This program is designed to support small businesses in their efforts to retain employees on their payroll. Call925-299-4450

  4. What are the Loan Terms? The loans have a 2-year term and carry an interest rate of 1%, but the interest cost will be minimal if the small business has the loan forgiven as it has been designed.  These loans: • do not require a guarantor • do not require collateral • do not carry any prepayment penalties or fees • do not require typical underwriting requirements or covenants other than retaining or restoring your headcount to be forgiven • do not have any tax burden – the loan forgiveness is not taxable Call925-299-4450

  5. Where Does my Business Apply? The Small Business Administration has enlisted SBA approved banks to be the lenders. You must apply through a bank or other lender, so start by contacting one you already have a relationship with. Banks were to start processing applications on April 3, but only a few banks were ready when the floodgates opened. Call925-299-4450

  6. Are There Other SBA Coronavirus Disaster Loans Available? The CARES Act also expanded the Economic Injury Disaster Loan (EIDL) SBA program to include economic impacts from the Coronavirus disease and that program includes an advance of up to $10,000. The loan application process for the EIDL loans is very fast and small businesses apply directly with the SBA. Call925-299-4450

  7. How we Help CFOs2GO can help you secure the covid-19 disaster loans quickly and we know how to navigate the process and provide banks what they need to support the loan documentation. We know small businesses have their plates full in addressing the many challenges in managing their business through the Coronavirus COVID-19 crisis. We are the experts that can help you get the financial relief available quickly and can work with your bank to support you. Call us on: 925-299-4450 Call925-299-4450

  8. Contact Us Address: 500 Ygnacio Valley Rd., Suite 410, Walnut Creek, CA 94596 Office Phone: 925-299-4450Fax: 925-935-1342 Website:https://www.2gocompanies.com/cfos2go If you prefer to call directly and speak with someone, please call us at  925-299-4450 Call925-299-4450

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