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After months of negotiations, members of Congress finally reached a deal that would provide some much-needed relief for small businesses across the country. It’s a lengthy bill with over 5,593 pages that was just released Monday night, but here is everything we know so far:
The Bill Overview
PPP and EIDL Information
Other Items Included in the Bill:
Before the bill can go into effect the Senate must vote. If it is passed, the President will then have to sign the legislation.
At SBG Funding, we recognize that these are unprecedented times, and we are here to help however we can. The situation is constantly evolving, and navigating loan options can be complex and overwhelming. That’s why we’ll be adding new information and resources for small business owners impacted by the pandemic on our COVID-19 Resource Center as soon as it becomes available.
As always, SBG Funding is dedicated to providing unparalleled support and in-depth financial proficiency to help you make the best decision for your business’s future.
*SBG Funding is not an agent or lender for PPP loans. SBG Funding offers advisory services on a suite of commercial financing products and works with agents who specialize in helping small business owners looking to apply for PPP Loans. As part of our service, we are happy to refer you to these agents and help guide you through the process at no charge. You are not required to change your banking relationship in order to apply either!
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