We have been assisting our many small business clients in applying for the much needed assistance that the CARES act is supposed to provide. The CARES act in theory was to offer small businesses fast assistance so that they could stay open and keep paying their workers… however, things are dragging much longer than the public were led to believe. We have had dozens of clients get the PPP loans through initial approval only to not hear anything from the bank (or the SBA) in over a week. Dozens of our small business clients have applied for the Disaster EIDL SBA loans, and weeks have passed without a peep from the SBA. Hang in there business owners… some how, some way, we all have to keep our doors opened and our important people paid. Lord willing, funds will start flowing soon! In addition to helping our clients apply for all the available assistance we can find, we are also praying for each and everyone of them and you. Please join us in prayer for our businesses and our workers!
Linked below is an informative article on where things appear to currently stand!