QUESTIONS ANSWERED IN THIS Q&A:
1. Do you think this CARES act will help me as a small business owner with few employees? (Time: 1:02)
2. Can you give me a quick overview of what the Act can do for me? (Time: 2:02)
3. What do you recommend I do first? (Time: 4:13)
4. Does PPP accrue interest? (Time: 5:17)
5. How do I apply of EIDL (Economic Injury Disaster Loan)? (Time: 6:58)
– https://covid19relief.sba.gov –
6. How does the $10,000 grant work? (Time: 8:00)
7. What if I’m a very small business – perhaps sole proprietor? (Time: 8:54)
8. If I file for an EIDL does that stop me from also applying for a PPP? (Time: 10:05)
9. How do I calculate the amount I can get? (Time: 10:29)
10. How do I calculate the amount I get forgiven? (Time: 11:30)
11. How are the loans intended to help me? (Time: 12:34)
12. How do I apply? (Time: 14:45)
13. Can I use my normal bank? (Time: 17:14)
14. How soon could I expect to receive the money? (Time: 17:37)
15. What are the other SBA Loans? (Time: 18:48)
16. What collateral do I need for them? (Time: 21:23)