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In the rush to get one of the SBA COVID-19 loans, many business owners are not developing a business strategy around their use. The PPP and EIDL each have a
In the rush to get one of the SBA COVID-19 loans, many business owners are not developing a business strategy around their use. The PPP and EIDL each have a sweet spot and potentially different uses depending on your business profile. It’s important to understand how your business will operate during the critical eight-week post PPP loan period to maximize forgiveness. Depending on the payroll cost versus fixed costs ratio in your business, you might choose one loan over the other or create a blend that gives you the funds you need and a loan payback amortization you can afford.
Lorry Rifkin, CPA from Clarity management, and David Kircher from Phoenix Advisors have teamed up and are using their combined 80 years+ of crisis management, business and SBA loan experience to help clients and organizations understand how to use these programs to their advantage. While most are focused on the front end application process, they have taken a more holistic business approach where you understand what you are getting into all the way thru loan payback.
This is a free webinar to ABC members only.
(Wednesday) 1:00 pm - 2:00 pm
Webinar
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