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SMALL BUSINESS relief for Self-Employed

You may be able to get some help from the federal Small Business Administration (SBA), which is authorized to provide loans to small businesses on an as-needed basis. These are the two options:

Option 1-The Economic Injury Disaster Loan (EIDL) Program- Under this program, funds are commonly granted on a local level following a natural disaster (such as a hurricane or a tornado). The SBA is providing advances of up to $10,000 on EIDLs for businesses experiencing a temporary loss of revenue.

Option 2-The Paycheck Protection Program- Under this program, small businesses that employ 500 or fewer employees are eligible for payment relief. 

Business categories:

You find S and C corporations, sole proprietors, partnerships, certain non-profits, veterans’ organizations, and tribal businesses.

No employees?
Both the sole proprietor with no employees and the single-member LLC with no employees qualify.

I’m here to help you in any way you need in this process. Don’t hesitate to call me on my direct line at 832-498-1012.