The EIDL: Death by a Thousand Paper Cuts

Did you apply for an Economic Injury Disaster Loan (EIDL) through the SBA when the CARES package was first announced at the end of March?   To refresh your memory, this was the loan processed through the SBA (not your bank) at the reasonable rate of 3.75% and 30 year...

Paycheck Protection Program

As you probably know, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed on March 27, 2020.  The $2 trillion package includes $349 billion for a loan program called the Paycheck Protection Program (PPP). This is an unprecedented program both in...