Good Success PSA: YOU MUST REAPPLY NOW for Your Small-Business Disaster Loan
Attention real estate investors and small-business owners! If you applied for an SBA economic injury disaster loan (EIDL) last week using the SBA online portal, snail mail, fax, or email, then you must reapply using this website: covid19relief.sba.gov. After the SBA discovered its original portal had left applicants’ personal information exposed online, it shut down […]
SBA Loan Program Struggles in Early Days
When the CARES (Coronavirus Aid, Relief, and Economic Security) Act passed into law, the part of the legislation most real estate investors and small-business owners were most excited about was the $350-billion loan program intended to tide over small businesses foundering under the weight of coronavirus-related isolation and quarantines. Unfortunately, like many assistance programs of […]