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I hope this issue of the Tax Reduction Letter finds you and your family in good health. Warmest good wishes at this difficult time from all of us at the Bradford Tax Institute.
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I don’t have to tell you that the terrible COVID-19 virus pandemic has devastated businesses of all kinds.
If your business has fallen victim to the virus, there is some help available to you.
You see, the federal Small Business Administration, (SBA) is authorized to provide loans to small businesses on an as-needed basis. And these loans are a great deal designed to help you out in these troubled times.
In fact, you may be eligible for a loan of up to $10,000,000 to help pay workers and keep your doors open. What’s more, you may be eligible for 100% loan forgiveness!
You’ll get the whole story when you read my new article titled, Tax Tips: COVID-19: New SBA Loans for Small Businesses—Maybe a Great Deal.
Here’s just some of the
important information we’ll cover:
- The benefits of SBA Economic Injury Disaster Loans
- Who is eligible for the new Paycheck Protection Program (PPP)
- How much aid is available
- How much of the loan may be forgiven
- How payroll cuts can affect loan forgiveness
- Why it’s important to apply for PPP relief right now
- And much more!
All will be explained when you read the full article
COVID-19: New SBA Loans for Small Businesses— Maybe a Great Deal.