Not too late to apply for a PPP loan
If you own a business and have not yet applied for a PPP loan, here is some useful information:
Through the SBA’s Paycheck Protection Program, small businesses can apply for PPP loans to help with payroll and other eligible expenses.
My regular bank only accepted PPP applications for 4 days. I was so busy helping my clients with their applications that I didn't apply in time for my own company.
However, I was able to submit an application through Kabbage.com https://www.kabbage.com/paycheck-protection-program-loans/, which is STILL taking applications. I applied and was approved in one week for a loan convertible to a grant equal to 2 1/2 months payroll.
I subsequently learned from one of my clients that PayPal is also processing applications https://www.loanbuilder.com/ppp-loan-support.
If you think you need a loan for your company, there are still funds available. Call me at 917 705-3893 or email me at [email protected] if you need more information.
Best David Edwards