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If you have any questions or would like to set up a free consultation with me, I’d love to hear from you!
Email Us
support@barnardaccounting.com
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(678) 221-7404
F.A.Q.
Frequently Asked Questions
What is the SBA Loan Assistance and Cares Act program?
The purpose of SBA loan assistance program and Cares Act Assistance program is to help small businesses affected by Coronavirus. The proceeds of the loan can be used to cover working capital and operating expenses such as rent, utilities etc.
Can I still get an Economic Injury Disaster Loan (EIDL)?
Yes, These loans are still available. Expires December 21, 2020.
Who is eligible for an EIDL?
Applicants physically located in the United States and its territories who suffered working capital losses due to Covid-19 pandemic.
What amount of financing is available?
Six months of working capital is available.
Terms of the loan?
3.75% APR (fixed) : Business
2.75% APR (fixed) : Non profit
2.75% APR (fixed) : Non profit
Loan forgiveness?
No loan forgiveness with EID loan
What is the terms of repayment?
1st payment deferred 1 year. You can make payment before if you like.