This page and resources herein are being provided by NRS for informational purposes only.
For the most accurate and up to date information, we recommend you contact your accountant to secure the information you will need to complete the applications for the loan that best suits your
business.
We also recommend that you contact your bank with regards to the Payroll Protection Program loan to get up to date information on how you can apply for this loan and documentation
requirements.
If you chose to apply for both loans, note that the purpose or use of the loans cannot be the same.
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Economic Injury Disaster Loans (EIDL) |
Amounts: Up to $2 million
Forgivable Amounts: $10k forgivable advance if spent on certain expenses Apply: Click Here |
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Paycheck Protection Program Loan (PPP) |
Amounts: 2.5x monthly payroll, up to $10 million
Forgivable Amounts: 8 weeks expenses forgivable, must keep all employees on payroll Apply: Available now, apply with an SBA approved bank. Here is the application |
NOTE: Third party videos and resources are being provided here for educational purposes. The information on SBA programs is constantly evolving. We recommend consulting a qualified professional for the most updated information.
NOTA: Los videos y recursos de terceros se proporcionan con fines educativos. La información sobre los programas de la SBA está en constante evolución. Recomendamos consultar a un profesional calificado para obtener la información más actualizada.
This video is provided courtesy of and with permissions from Engineered Tax Services, Inc.
This video is provided courtesy of and with permissions from Simple Tax and Bookkeeping, Inc.