[Industrypack-devel] What's better than the PPP Loan?

SBA Loan Advice Fri, 13 May 2022 06:06:09 -0700

What's better than the PPP Loan?

The CARES ACT

Employee Retention Credit (ERC)

You may be eligible for up to $33,000 per W-2 employee in free grants. To begin conversations with our loan specialist click below:

Click Here To Get Started

Through the CARES ACT

No restrictions on what you can use the capital for
Non-Taxable
No cap on funding amount

Eligibility: Must have W-2 Employees

Must have 50% reduction per quarter in 2020 vs 2019
Must have 20% reduction per quarter in 2021 vs 2020
Can be eligible for multiple quarters of payroll

Partial Government Shutdown

Ordinance on business that did not allow in person gatherings
Only Eligible for period of shutdown
At least 5% of staff has to have been not eligible

Premium Merchant Funding’s mission is to provide a broad array of services and solutions for small businesses. PMF offers merchant cash advances, small business loans, SBA loans, equipment financing, factoring, purchase order financing, and commercial mortgages nationwide.

SBA Loan Advice
3000 Town Center, STE 1805
Royal Oak Michigan 48076
United States

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