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Loan Programs Available Through the CARES Act

http://mhlandscapes.com/category/matts-top-tips/page/2/ Take advantage of low interest loans some of which can be forgiven. 

In these difficult times, a lifeline can go a long way in helping a small or medium sized business stay afloat. We have outlined several of the best parts of the program and included direct links for you to review. 

  1. Funds various loans, grants, and other forms of assistance for businesses, industries, states, local governments, and hospitals
  2. Provides tax rebates of up to $1,200 per individual and an additional $500 per child
  3. Temporarily expands unemployment benefits
  4. Suspends payments and interest on federal student loans
  5. It offers an additional $600 a week in unemployment insurance, bringing weekly payouts to the $800- to $900-a-week range when state benefits are added, to workers including the self-employed.
Learn More

Payroll Protection Program

This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program. 2.5x your monthly payroll. And if you keep your employees on payroll for 8 weeks, loan is forgiven. 

EIDL Loan Advance

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties. Unsecured and forgivable. We strongly recommend everyone apply. 

Loans for Farmers

For our farmers, we have included a PDF outlining what programs are best suited for the farming community and how to best take advantage of them. Simply follow the link below.

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