
Emergency COVID-19 Relief For Your Business
Loan Programs
Payroll Loans
Program Highlights:
- US small businesses
- Fewer than 500 employees
- Up to $10M loan for payroll and expenses
- Loan repayments deferred 6 months
- No collateral or application fees required
- Fully forgiven if 75% of the loan is used for employee comp
Disaster Loans
Economic Injury Disaster Loans
Up to 25 year loan
3.75% interest rate
Program Highlights:
- US small businesses
- Suffering “serious economic injury”
- Up to $2M loans
- Includes a $10K cash advance request
- Advance delivered w/in 3 days – not to be repaid
- Loan for payroll, rent, mortgages or other debt
- There is no forgiveness for these loans
Resources
Apply as soon as you can for any loan for which you are eligible
Review these programs in detail
Learn All About These Loans
We can help with payroll reports
Salon Iris Payroll Reports
SBA bridge loans and refi options
Other Debt Reduction
Guidelines on coping with COVID-19
CDC Guidelines for Businesses
A little shorter than Game of Thrones
Read the CARES Act
Need something else to think about?
Happy Distractions
Find a Lender
We're Here to Help!
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Basic subscribers and many older versions have Chat Only access. We are waiving that restriction – if you have a question, please feel free to call us at the number above.
DaySmart Salon COVID-19 Resources
Our Covid-19 Response
COVID-19 Small Business Resources
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