During the coronovirus (COVID-19) crisis, circumstances are changing fast, almost daily. This post will be updated as new information becomes available.
As a business owner, we want to keep you informed with the latest information we have regarding government assistance for small business owners.
Paycheck Protection Program (PPP) Loans
This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Lendistry is able to offer this type of loan directly, so CLICK HERE to start the application process.
Visit our Resource Guide to learn more about this loan and prepare to apply.
Economic Injury Disaster Loan
You may have heard about SBA’s Economic Injury Disaster Loans (EID Loans), which offer assistance to small businesses to help overcome temporary losses of revenue.
These low-interest disaster loans are for businesses of all sizes, private non-profit organizations, homeowners, and renters.
We are working remotely to service our valued customers as well as being available to discuss how we may be able to help you overcome any challenges you may be experiencing. Lendistry is here to help locally-owned business get through this crisis and continue to serve their customers and employees.
Please stay safe and do all you can to help slow the spread during this challenging time!