Hey guys,
I'm curious how many members are small business owners who would like information when it comes out in connection with the giant bill that was passed.
I am the Bank's branch Manager, and we are preparing to release information and loan applications that will be available as part of the $ 2 trillion bill passed last week.
I know I've seen some people who are small business owners or own companies, and I thought I could pass on what I get if anyone wants to hear.
If there are no answers, then I will let this topic die, but if there are questions, I will help pass on all the information I can, as it will be fairly uniform across the country.
I know some people don't like banks or loans, and I fully understand that, but if it can help keep some heads above water, I want to help where I can.
Some information at the moment:
All this will be done through your local banks that administer small businesses with guaranteed loans. So you should be able to work locally, as most banks do with these loans.
Applications will be accepted tomorrow, Friday, April 3, for individual entrepreneurs and small businesses, and April 10 for self-employed and independent contractors. Deer
Currently, most funds are designed to help people keep paying (wages, commissions, benefits, comp taxes, etc.), But some of them can be used for rent, utilities, or mortgage interest.
No Deposit is required.
Again, if there is any interest, I will try to share it more and help answer the questions as best I can. You can also email me or call your local Bank (they will be cranky as they will get a lot of calls, so be patient with them!)
Several people applied for the 10k grant from SBA....the CARES act says it will disperse payment after 3 days...why has NO ONE recieved their grants even after applying 5 to 6 days ago?
I own a gas station and I'm literally can’t pay my rent. I applied twice. Once on the SBA website two weeks ago and then again with my bank last week.I started taking payday loans to make ends meet when my son got sick. As a single parent, I took my first payday loan to pay the bills here https://paydayinusa.com/states/payday-loans-in-delaware. It was a one-time thing and helped get through what was just a minor financial mistake. I was skeptical to these businesses and I've never considered this type of loan, but sometimes you gotta do what you gotta do. But this happened again in two months, I'm still digging my way out now.
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