28 Mar Covid-19 Small Business loan options – Live Oak bank
Business Owners, Friends and Family, “Millionaires in Motion” is here to help get in the battlefield with you and bring you the most recent information and help Americas small business Live Oak Bank has released this information so that you know your options. Next week we should know how to roll this out. Review what what is posted and Standby. – be patient we will get more information soon.
Here attached is a simple comparison between the Economic Injury Disaster Loan Program (“EIDL”) and the Paycheck Protection Program (“PPP”) that was passed by Congress on Friday, March 27, 2020. https://mimpodcast.org/wp-content/uploads/2020/03/Coronavirus_Loan_Options-final-as-of-3.27.202.pdf