I’m a CFO & Profitability Strategist who helps business leaders of fast-growing companies gain the financial insight and strategies they need to turn their companies into profitable, thriving businesses so they can create the life they want — without compromise.
What [lawmakers are] trying to do with PPP round two and the EIDL grant is get money to these minority-owned small businesses that kind of got pushed out of the way in the first round.
There’s nothing that’s so onerous about the EIDL loan terms in general. It’s just that, it’s not the type of loan most small businesses encounter.
Thousands of business owners have received coronavirus aid through the Economic Injury Disaster Loan program. The terms may catch some off guard.
A $900 billion Covid relief law passed last month doesn’t let small businesses take a second Economic Injury Disaster Loan.