Current information about business, tax and financial challenges during the current Covid-19 health crisis. Covers both business and personal income tax planning and compliance and business capital challenges.

EIDL

Bret Scholl, CPA, CGMA

June 9, 2020

Economic Injury Disaster Loans, What you need to know.

Bret Scholl, CPA, CGMA

June 9, 2020

HAVE YOU RECEIVED AN ECONOMIC INJURY DISASTER LOAN (EIDL)?

IF SO, BE SURE YOU KNOW WHAT YOU'RE SIGNING UP FOR.

Many businesses have recently received Economic Injury Disaster Loan (EIDL) documents from the SBA. These loans can be a real lifeline for a business impacted by the current pandemic disaster. But, don’t just rush to sign the loan documents and receive the funds until you fully understand what you are signing up for.