SBA Disaster Federal Secured Loans Federally Secured Low Interest Loans managed by the SBA
The Small Business Administration SBA and FEMA team up and offer Federal Money in the form of a low interest rate Federally Secured Loan. SBA Manages the process while FEMA funds the money.
Can I take both PPP and EIDL then ask for 100 forgiveness for my PPP and use my EIDL as working capital to cover my reduced earnings because of the covered period of the COVID-19 pandemic?
By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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I am asked often if I would do carpentry work in my area. I'm getting too slow to actually handle most of the jobs I'm asked to do. I'd like to handoff the work to a carpenter that's better than me. I'm always looking for a good carpenter helper for projects I take on. Contact me and get listed and working.
More information about what you can use your SBA EIDL for. Its working capital, its for reduction in revenue earnings during a disaster and we are in a declared disaster which should mean you cut back when you can and budget.
By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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Youre not going to find this in the manual but if youre going to ask that your loan be cancelled and you want to stay in the program for the Emergency Grant Advance this is an option I think will assist you.
By Writers Pool published 8-5-2020 updated 8-25-2022
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If you need a quote for a new manufactured home for the Louisiana Restore program send a note with your old VIN number and your status in the program. All we can do is help you get the quotes for the MHU you are looking to replace. Contact me
Congress could change the formula under the Small Business Act if it considered the language ambiguous, or it could designate an interest rate including a zero interest rate for all SBA EIDL for the duration of COVID-19.
By Writers Pool published 8-5-2020 updated 1-11-2022
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When you are navigating the federal disaster assistance agencies your first stop should be to the TruckAndTools.Com Disaster Resources. Every disaster agency uses the same process but not every disaster agency follows strict policy and guidance. Don't go into your disaster recovery with blind trust of your federal and state agencies that are leading the push to get you sheltered and out of the program.
Unsatisfactory credit history, the stop to many that may have been a mistake but also may be true. Lets make sure we dont add disaster debt burden on our business and our household that can not be repaid. Whats the reason? Lets explore more options.
You have seen the videos, the so called accountants in the basements explaining how you can get 10,000 in FREE MONEY and FREE TO ALL that APPLY! I will show you the secrets they say, I will secure you thousands in free money, all I need is your SSN.
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Many of you can not take additional disaster debt burden and are in need of the CARES Act. Section 1110 Emergency Grant Advance to help. This grant designed to send small businesses 1,000 per employee is needed within the 3 days that the CARES Act stated