Jump Into the POOL to get a Loan from SBA (Small Business Association)...Many are eligible, see more online sba.gov

Submitted by livfully

on Tue, 06/30/2020 - 19:27

Passing this along directly from an email I got from Hakeem Jeffries, Rep from NY. This is Federal money however, so check it out whichever state you are in, if you have your own business (sole proprietorship), or may qualify for other funds (maybe homeowners, renters, non-profits and more.) Step 1, Find a lender or learn more about being eligible, Step 2, Fill out the form with your info, Step 3, Submit the form online with email info etc so you can hear back. Get a friend to help if needed, and this is the last day to apply...sorry for the short notice (maybe I did mention it once before though. Also think about applying for unemployment if you haven't yet. There are forms online to see if you...Qualify!

Dear Neighbor,

The deadline for small businesses and nonprofits to apply for Paycheck Protection Program (PPP) loans is TODAY, Tuesday, June 30, 2020. As of this morning, $134,453,990,454 remains available in the program for eligible applicants.

PPP loans provide access to capital to cover the cost of retaining employees. The Small Business Administration (SBA) will forgive loans if at least 60% of the loan is used for payroll and the rest of the loan can be used for payroll, rent, mortgage interest or utilities. For more information from the SBA, click here.

To find an eligible PPP loan lender, click here.

The SBA is also accepting Emergency Injury Disaster Loan (EIDL) applications from all eligible businesses. The EIDL program offers low-interest federal disaster loans of up to $2 million, with quick access to small amounts of capital to cover costs right now. For more information from the SBA, click here.

To apply for the EIDL program, click here.

If you are having trouble contacting any federal, state or city agency, please contact my offices at (718) 237-2211 or (718) 373-0033.

Sincerely,

Congressman Hakeem Jeffries
New York's Eighth Congressional District

U.S. Representative Hakeem Jeffries (NY-08) is Chairman of the House Democratic Caucus and a member of the House Judiciary and House Budget Committees. He represents parts of Brooklyn and Queens in the United States Congress.

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