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In Multifunding SBA CoronaVirus Support you can ask and answer questions and share your experience with others!
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My company have been impacted, but not to extend of not being able to meet payroll (yet). We do anticipate more severe ... see any question re: amount of loss.
We saw something that said eligibility for SBA loans may be affected if you let someone go. Does it matter if someone is let go for performance issues
If a business has a line of credit they can draw from, it typically makes you ineligible for an SBA loan. Would the ... for the payment protection program?
Will we need to reapply for the SBA disaster loan after the CARE act is signed into law and the SBA site is back online? ... $10K advance? How/when do you apply?
I laid off my staff (19 employees). Am I eligible for the Payroll Protection Loan? It is my understanding that the ... those who kept their staff on payroll.