THE CARES ACT HAS PASSED
The Federal Government has just allocated 349 billion dollars toward relief for small businesses due to the coronavirus pandemic. Millions of businesses are projected to apply all at the same time. Get your place in line today!
At Seal Beach Capital we know what it is like to run a business and deal with the daily challenges. Lets all hope the current situation we are all living through fades fast. We are here to assist in your time of need.
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Seal Beach Capital and our Partners have designed a low cost program to help guide you through the application process and receive CARES ACT funding quickly and efficiently. Our Licensed Partner has an easy, and cost-effective way for your business to obtain a disaster relief funds.
The CARES ACT has two relief programs to help Small Businesses survive this pandemic.
Paycheck Protection Program (PPP)
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100% federally guaranteed loans will be made available to businesses of fewer than 500 employees (higher for certain industries) and who maintain their payroll during this emergency to cover payroll costs, continuation of group health care benefits, employee salaries, commissions, mortgage payments, rent, utilities and interest on any other debt obligations for the period February 15, 2020, through June 30, 2020
Key highlights:
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Loan for up to 250% of monthly payroll, not to exceed $2 million
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Up to 8 weeks of payroll covered
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Forgiveness of these loans is available, if conditions met
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Loans are capped at .05% interest 2 year term. Payments deferred for 6 months
Economic Injury Disaster Loans (EIDL
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The Small Business Administration (SBA) has issued disaster declarations for every state, allowing small businesses nationwide to access additional emergency funding under its existing EIDL program with more lenient requirements. This program provides loans to cover costs that would have been payable by the applicant had the disaster not occurred.
Key highlights:
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Emergency advance of up to $10,000 within 3 days of applying for an EIDL Loans up to $10 million
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1% fixed interest rate
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Repayment over 30 years with principal and interest deferment for up to four years
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Elimination of personal guarantees for loans under $200K, and requirement that business is in operation for one year
This Is The Most Inexpensive Funding You Are Likely To Ever See So Take Advantage Now.
Our CARES CONCIERGE APPLICATION SERVICE
Will Take The Guess Work Out Of The Complicated Submission Process
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RAPID ASSISTANCE FROM EXPERTS AND EXPEDITED RELIEF
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United Against The Pandemic
Here are the details of the
CARES CONCIERGE APPLICATION SERVICE
You can apply on your own through SBA or you can pick one of the plans above to take advantage of our Partner's experience and expertise to mitigate errors and delays.
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GET EXPERT HELP NOW
call us for immediate assistance
714-598-0083