The application for a quick coronavirus related loan is now available on the SBA website and treasury.gov. Basically you take average monthly payroll X 2.5 and that is the amount of loan you can receive. Most banks will be participating in the loan program and will probably have their own requirements and information needs. Other relief programs are also available depending on your circumstances.
Please contact us if we can help with the loan application, such as determining average monthly payroll, of if you have any questions. Events are moving rapidly in this area but we will get you the answers as quickly as possible.