EIDL Update: SBA Clarifies $10,000 EIDL Recipients & Section 332

PPP Round 1& 2 Apply Free Online: https://www.womply.com/maxmaher/?utm_source=maxmaher&utm_medium=marketing_email&utm_campaign=ppp&utm_content=leadgen EIDL grant update: I received clarification from the SBA as to who can expect EIDL advances and the potential for a non-targeted advance again. Download EIDL 2 Eligibility Calculator Here: https://mailchi.mp/d79b252245be/eidl2 My in-depth moving company course: https://max-maher.teachable.com/p/moving-company-millionaire 💳My Favorite Credit Cards Best Personal Card For FREE Travel: https://yourbestcreditcards.com/card/chase-sapphire-preferred-credit-card?ccid=1055 Best Business Card (1.5X points EVERYTHING): https://yourbestcreditcards.com/card/chase-ink-business-unlimited?ccid=1055 Get 2 FREE Stocks Valued Between $12-$1600 when you deposit $100 into a WeBull brokerage account: https://act.webull.com/t/X1eTd9ityFvU/0vm/ Get your "P R O F I T A B L E" merch here: https://teespring.com/stores/max-maher Subscribe for a profitable day: https://bit.ly/2HdKrSI Get emailed to be notified of new posts and exclusive content. No sales. No BS. http://eepurl.com/gWantb Check out my blog for more content: https://maxwellmaher.co Follow my Instagram for extras and additional content: https://www.instagram.com/maxwell_maher/ EIDL News The Economic Injury Disaster Loan or EIDL is set to open it’s portal doors on the 17th of January. Congress has allocated another $40 billion for second round grants and EIDL loans. Back on March 27th the first round of Covid grants and loans were approved and with that came a grant up to $10,000. The SBA changed the rules of this grant after the fact to $1000 per employee leaving some small business owners feeling like they lost out on the full grant. And by some I mean pretty much everyone. There was outrage, word of class action lawsuits, petitions, you name it. Well there’s some good news. This second round appears to cover this. Many those small businesses that received a grant smaller than $10,000 will soon be eligible for the remaining difference. If you got $1000 the first grant you may potentially get the remaining $9000. How do you qualify for an EIDL grant? First you have to be a qualified entity defined through the CARES Act. These include small business and cooperations with fewer than 300 employees for the second round, that’s down 500 from the first round. Your business must also be located in a low-income community: and Your business also needs to have suffered an economic loss greater than 30% #eidl #ppp #stimulus Apply online PPP 2: https://www.womply.com/maxmaher/?utm_source=maxmaher&utm_medium=marketing_email&utm_campaign=ppp&utm_content=leadgen Related Documents: Low income community/Census tract income data: https://geomap.ffiec.gov/FFIECGeocMap/GeocodeMap1.aspx Empowerment Zones and Enterprise Communities Map https://www.arcgis.com/home/webmap/viewer.html?useExisting=1&layers=1101a6c1e2364302b70485ca99fc7e69 Look up Metropolitan Census Data: https://censusreporter.org/ Full Stimulus Bill Text: https://www.cnn.com/2020/12/21/politics/new-covid-stimulus-bill-text/index.html State Income PDF data: https://www.census.gov/content/dam/Census/library/publications/2016/acs/acsbr15-02.pdf Schedule one-on-one business consulting with me here: https://max-maher.teachable.com/p/halfhour-consultation-call Mic I Use: https://amzn.to/34x2Pj6 4k Camera I Use: https://amzn.to/3een0a2

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