How To Pay Off the EIDL Loan

The SBA made it very easy for practice owners to receive an EIDL loan of up to $150k with a fixed 3.75% interest rate over a 30-year term. And a lot of practice owners decided to accept this EIDL loan. As we posted:...

How To Pay Off The EIDL Loan

The SBA made it very easy for practice owners to receive an EIDL loan of up to $150k with a fixed 3.75% interest rate over a 30-year term. And a lot of practice owners decided to accept this EIDL loan. As we posted last month at:...

More Info About EIDLS

As we wrote last week, the SBA is now reaching out to small business owners that their Economic Injury Disaster Loans are now available.? That article is available at: https://schwartzaccountants.com/2020/05/economic-injury-disaster-loans-eidl-are-now-granted/ There...

Economic Injury Disaster Loans (EIDL) are Now Granted

By the end of last week, a few clients reached out to us to let us know that they received the SBA approval for their EIDL loan.? The amount for most loans came in at $150k. We were then asked if they should take advantage of these loans. We are recommending that...