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SBA Loan Assistance
GET YOUR SBA LOAN...FAST!
LET OUR SPECIALLY TRAINED TEAM DO THE HEAVY LIFTING.
WHAT WE DO:
- WORK DIRECTLY WITH QUALIFIED LENDERS
- ANSWER ALL YOUR QUESTIONS ABOUT THE NEW CARES ACT AND SBA LOANS AVAILABLE TO YOU
- GET YOUR BOOKS UP TO DATE AND PREPARE YOUR FINANCIAL STATEMENTS
- ASSIST WITH YOUR LOAN APPLICATION EVERY STEP OF THE WAY
Payroll Protection Program Loan Info
These loans are available as part of the CARES Act. They provide assistance to businesses that qualify as small (fewer than 500 employees).
Federal guidelines
- Maximum loan amount—2.5 times monthly payroll cost
- Loan payments will be deferred for the first six months
- Loan will be fully forgiven if funds are used for qualified expenses during the first eight weeks after loan is funded
- Any unforgiven portion of the loan will have a two-year term (fully amortized) with an interest rate of 1%
- No personal guaranties of shareholders, members or partners
- No collateral required
- No SBA fees to borrower
- No prepayment fee
- 100% guaranteed by SBA
Schedule a call today to learn more and determine if a PPP loan is right for you and your business!