Coronavirus Relief for U.S. Small Businesses

The United States federal government has passed a series of acts to provide relief to small businesses impacted by the coronavirus (COVID-19). I give an overview of the loan programs and tax relief provided by these acts. You'll get plain-English explanations of the programs. I'll focus on just the major points of the programs to cut through the fog of too much information. You'll receive a PDF document with links to where you can get more information. I also give you a one-page summary of the PPP and EIDL that highlights key differences between the two programs. It also includes a strategy to consider for these loan funds.

I'll cover:

Paycheck Protection Program (PPP)

Economic Injury Disaster Loans (EIDL) and Loan Advance

SBA Express Bridge Loan (EBL) Pilot Program

SBA Debt Relief

Tax Relief

Tax relief explained in this course include: