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As the Federal Government has extended itself to help small businesses cope with the COVID-19 Pandemic,
we at PSSI will do our part to help our clients to apply for Disaster Funds.
We will supply links and the offer our help to navigate the application process.
As of today there are two assistance programs that are available to small businesses.
1-The Payroll Protection Program
2- Disaster Loan Assistance Program
Both are being offered through the Small Business Association (SBA).
The links are listed below.
The PPP will be administered through your bank assuming they are associated with the SBA.
You will need last year’s payroll and will be granted 2.5 times one month’s payroll and your contribution for state’s unemployment expenses.
Up to 75% of the grant can be forgiven.
The Disaster Relief Program through SBA with assistance from your state requires a short simple application.
This program will within 3 days wire to your bank account $10,000 in a forgivable loan.
Payroll Protection Program link:
Disaster Loan Assistance Program link:
We can help prepare you with needed information to fill out your application forms and offer answers to frequently asked questions.
We have the latest updates as to your responsibilities.
We are not an authorized financial advisor, but since applying for these funds myself,
I have an understanding as to what is needed to help make your application process pain free.
However, the best source of information is your bank and accountant.
Be Safe and Think Healthy,
Peter Garzone, President
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