The new stimulus bill has programs for small business owners. Wondering if any of you are following this, and are thinking of applying. Pros? Cons?  Many thanks!

The new stimulus bill has programs for small business owners. Wondering if any of you are following this, and are thinking of applying. Pros? Cons?  Many thanks!

Do you mean liberal morons like the trump administration?

Small Business Administration’s economic injury disaster loan program.

But as fast as this came on, it could also disappear jast as fast, if the Administration steps in to prop up all the defaults that are getting ready to hit?

I understand that the overall purpose of the Paycheck Protection Program is to keep people employed, however, I'm wondering if the fully guaranteed Small Business Administration (SBA) loans would somehow be available to property owners/landlords.These loans must be applied for by 6/30/2020, have terms of 10 years maximum, and interest rates of 4% maximum. 

I am currently a full time student working to get my Bachelor's Degree in Business Administration.

It could be virtually overnight if the current administration steps in to help the lenders that they hurt with this recent stimulus package.

Far better way to stimulate than the previous administration's attempts.What do you think?

With the passage of the CARES Act and the payroll protection program, the federal government is setting aside funds for the Small Business Administration for banks to loan up to 2.5 times your average payroll for the trailing 12 months.