The Paycheck Protection Program (PPP) and Economic Injury Disaster Loans program provide relief to help businesses keep their workforce employed and cover normal operating expenses during the COVID-19 crisis. Business owners have a few options.
Préstamos PPP de primer desembolso are for first-time program participants. This loan can be used for payroll costs, mortgage interest, rent, utilities, worker protection costs, uninsured property damage costs by looting or vandalism, and certain supplier costs and expenses for operations. First Draw PPP Loans have a term of up to 5 years, 1% interest rate, and may be completely forgiven. Applications are available until March 31, 2021. Application and available lenders can be found aquí.
Préstamos PPP de segundo tramo began Jan. 13, 2021, for certain businesses who have previously received a PPP loan (for those who can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020). Eligible expenses include payroll costs, mortgage interest, rent, utilities, worker protection costs, uninsured property damage costs by looting or vandalism, and certain supplier costs and expenses for operations. The Second Draw PPP Loan is available until March 31, 2021. Application and available lenders can be found aquí.
Lesiones Económicas Préstamos por Desastre provides relief to small businesses, including agricultural businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. Businesses are not eligible for a second EIDL.
Programa piloto de préstamos Express Bridge will allow small businesses who currently have a business relationship with a Small Business Administration (SBA) Express Lender to access up to $25,000 quickly. This loan can be used to “bridge the gap” while applying for an EIDL. Any Express Bridge Loan will reduce an EIDL.
Alivio de la deuda de la SBA provides financial reprieve to small businesses with SBA Microloans, 7(a) and 504 loans. This is not intended for PPP or EIDL relief. SBA officials are determining how much additional debt relief assistance can be provided to SBA borrowers with the newly issued congressional appropriation. Debt relief guidance will soon be posted on the SBA website. Eligible borrowers with the Center for Rural Affairs will receive notification of the assistance available to them as it becomes available.
In addition, small business borrowers in Nebraska have options available to them through Center for Rural Affairs préstamo y la formación. Lending options include Préstamos para pequeñas empresas, Préstamos Express, y Préstamos de recuperaciónVisita con uno de los miembros de nuestro personal today about any of these opportunities.
