[Fredslist] SBA loans

Corey Bearak bearak at me.com
Tue Mar 31 17:48:01 EDT 2020


because it came up in this afternoon’s Gotham COVID-19 call, I am posting SBA Loan email I shared with a client and adding this information about a seminar hosted by Queens Chamber and Greater Jamaica Development Corp.  
THIS THURSDAY, April 2nd at 11:00 am

Webinar Hosted by GJDC in Conjunction with the
Small Business Administration SBA Economic Injury Disaster Loan (EIDL)

For Small Business and Non-Profit Organizations with Aron Kurlander, GJDC Director of Business Services 
Register Here: Zoom.us: 815106562 <https://queenschamber.eventbank.com/track/redirect?type=campaign&lid=11&tracking_id=671:38349:123873d5-ffb3-4029-9431-d6cf52c770dc&redirect_url=http%3A%2F%2Fr20.rs6.net%2Ftn.jsp%3Ff%3D001Pn0l6bCSnGWSeCcWr6Jo67nCkxF6TrxU7IUnkaC4yuRAvDlqJl4saC55NtqqjRabKzlm3zk2OYGfTQ9WFh4bXrBOBa0iwUTutVvZCoVbyvH03I0GdrUa_dSJT0H5NfAkBpsSDsyAxsqMvUcgCMb-gA%3D%3D%26c%3DFQzooIFpsN5-kIvkonmuwwUHVbVts-jYP4nCBBP-5oSJgQDlze7eTg%3D%3D%26ch%3D7ZOlYk57zG2cSmXV-XDDF0ZhfD7az-MfnQtpJ5zj0u5RcimryxJw8Q%3D%3D&ts=1585684163&ps=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>

Below my email signature is the earlier post to Fredslist.

Corey B. Bearak, Esq.
Government & Public Affairs Counsel
Networker of the Year-2012| co-chair, GOtham GREEN® | Gotham Towers | LI Legal | Gotham Power Breakfast Chair | Gotham Sponsorships Chair |  Gotham Sundays Blogger | Moderator, Fredslist & Gotham Promos
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(718) 343-6779 ♦ facsimile (888) 379-3492
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[sent from my MacBook Pro]

(ms.) Man-Li Lin
Economic Development Specialist at the United States Small Business Administration
Man-li.lin at sba.gov <mailto:Man-li.lin at sba.gov> (It is possible Jackie Donado has her phone #)
presented at the Queens Chamber SBA Webinar on Economic Injury Disaster Loan (EIDL), Friday, March 27

From SBA website:
*Applicants are encouraged to apply online <https://disasterloan.sba.gov/ela/>  (see also below) for a disaster loan. If you do not have access to a computer or smartphone, please call us at 1‐800‐659‐2955 for assistance.
*Below find the application process but below my email signature is other preliminary info good to read first:
 <https://www.sba.gov/>Office of Disaster Assistance <https://www.sba.gov/disaster-assistance/coronavirus-covid-19>
Economic Injury Disaster Loan Assistance

Small business owners in all U.S. states, Washington D.C., and territories are currently eligible to apply for a long-term, low-interest loan due to Coronavirus (COVID-19).

The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

If you are applying for disaster assistance for another declaration, then please see the home owners and renters form here <https://www.sba.gov/disaster/apply-for-disaster-loan/index.html#home-loan>.

Instructions to Apply

Download forms below
Fill in your information
Upload forms on this page below
If you choose to mail, then please see Mailing Instructions below
Download Business Forms

Business Loan Application (Form 5) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Business%20Loan%20Application%20(SBA%20Form%205).pdf> (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Business%20Loan%20Application%20(SBA%20Form%205)%20Spanish.pdf>
Home or Sole Proprietor Loan Application (SBA Form 5C) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Home%20or%20Sole%20Proprietor%20Loan%20Application%20(SBA%20Form%205C).pdf> (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Home%20or%20Sole%20Proprietor%20Loan%20Application%20(SBA%20Form%205C)%20Spanish.pdf>
Economic Injury Disaster Loan Supporting Information (Form P-019) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Economic%20Injury%20Disaster%20Loan%20Supporting%20Information%20(P-019).pdf>
Additional Forms

A Disaster Assistance loan officer may request you to fill out the following additional forms:

Fee Disclosure Form and Compensation Agreement (Form 159D) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Fee%20Disclosure%20Form%20and%20Compensation%20Agreement%20(SBA%20Form%20159D).pdf>
Personal Financial Statement (SBA Form 413D) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Personal%20Financial%20Statement%20(SBA%20Form%20413D).pdf> (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Personal%20Financial%20Statement%20(SBA%20Form%20413D)%20Spanish.pdf>
Request for Transcript of Tax Return (IRS Form 4506-T) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Request%20for%20Transcript%20of%20Tax%20Return%20(IRS%20Form%204506-T).pdf>
Instructions for Request for Transcript of Tax Return (IRS Form 4506-T) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Instructions%20for%20Request%20for%20Transcript%20of%20Tax%20Return%20(IRS%20Form%204506-T).pdf> (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Instructions%20for%20Request%20for%20Transcript%20of%20Tax%20Return%20(IRS%20Form%204506-T)%20Spanish.pdf>
Schedule of Liabilities (SBA Form 2202) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Schedule%20of%20Liabilities%20(SBA%20Form%202202).pdf>
Instructions for Schedule of Liabilities (SBA Form 2202) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Instructions%20for%20Schedule%20of%20Liabilities%20(SBA%20Form%202202).pdf>
Schedule of Liabilities (SBA Form 2202) (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Schedule%20of%20Liabilities%20(SBA%20Form%202202)%20Spanish.pdf>
PUERTO RICO ONLY: Release of Inheritance and Donation (Modelo SC 2907) (en Español) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Release%20of%20Inheritance%20and%20Donation%20(Modelo%20SC%202907)%20(Puerto%20Rico).pdf>
PUERTO RICO ONLY: Hacienda Statement of Authorization <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Hacienda%20Statement%20of%20Authorization%20(Puerto%20Rico).pdf>
Additional Filing Requirements (SBA Form 1368) <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Additional%20Filing%20Requirements%20(SBA%20Form%201368).pdf>
Additional Filing Requirements (SBA Form 413D) Spanish <https://www.sba.gov/disaster/apply-for-disaster-loan/pdfs/Additional%20Filing%20Requirements%20(SBA%20Form%20413D)%20Spanish.pdf>
Upload Business Forms


Home

 <>
[sent from my MacBook Pro]

From Rep. Nadler email: "For Small Business owners and nonprofit organizations, the bill provides robust relief, including $350 billion in loan forgiveness grants for small businesses and nonprofits to pay their rent and other costs as long as they maintain their workforce. The bill also provides $10 billion in emergency grants of up to $10,000 for immediate relief of operating costs and enough funding for the Small Business Administration to cover six months of loan payments for impacted small businesses. 

####


via Hofstra U. Business Resource center email (last link is most relevant since other links take you information I posted above or further below):
COVID-19 Business Relief and Support 
 <applewebdata://9D1E0172-6F2E-461A-AE66-43646503FE2F>
We are aware of the following resources in the NY region that provides support for businesses challenged by the COVID-19 Pandemic. Please click links to learn more.
U.S. Small Business Administration Disaster Loan Assistance: Federal Disaster Loans for businesses, private non-profits, homeowners, and renters.
Apply now or get more information about Disaster Loans. <https://hofstra.us13.list-manage.com/track/click?u=d7a281c031ac85a03ff242ced&id=74ee32ea9b&e=cf97465964>.
Sign up for the SBA newsletter <https://hofstra.us13.list-manage.com/track/click?u=d7a281c031ac85a03ff242ced&id=29fa5a91cc&e=cf97465964> for up-to-date information.
Get Small Business Guidance related to (COVID-19) <https://hofstra.us13.list-manage.com/track/click?u=d7a281c031ac85a03ff242ced&id=aa4d3fbdec&e=cf97465964>. 
####

Below is the relevant website (I copied from power point seminar SBA official Man-LiLin gave via Q. Chamber)
https://disasterloan.sba.gov/ela <https://disasterloan.sba.gov/ela> 

Its goes to (not including the images):
Disaster assistance

The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters.

THE SBA PROVIDES LOW-INTEREST DISASTER LOANS TO HELP BUSINESSES AND HOMEOWNERS RECOVER FROM DECLARED DISASTERS.APPLY FOR ASSISTANCE <https://www.sba.gov/page/disaster-loan-applications>
Who can use an SBA disaster loan

The SBA offers disaster assistance in the form of low-interest loans to businesses, renters, and homeowners located in regions affected by declared disasters.

Loans to cover repairs and replacement of physical assets damaged in a declared disaster.

Loans to cover small business operating expenses after a declared disaster.
Disaster loan use

If your insurance, and funding from the Federal Emergency Management Agency (FEMA) <https://www.fema.gov/>, doesn’t fully cover the disaster assistance you need, you can use disaster loans for a number of purposes.

Get disaster assistance

The process to apply for disaster assistance is simple. To qualify, your business or home must be in an affected area as stated by a disaster declaration at disasterloan.sba.gov <http://disasterloan.sba.gov/>.

The steps
(1) Check disaster declarations

See if the SBA has issued a disaster declaration in your area.


(2) Apply for a disaster loan

Loans are available for businesses and homes affected by disaster.


(3) Check your status

Log in to your account and check your email for updates.

GET DISASTER ASSISTANCE <https://disasterloan.sba.gov/>

New York District Office
SBA District Office
26 Federal Plaza Suite 3100
New York, NY 10278 <https://maps.google.com/?q=26%20Federal%20Plaza%20Suite%203100%0ANew%20York%2C%20NY%2010278>
212-264-4354 <tel:212-264-4354>
212-264-4963
Mailing instructions

All required documents listed below under Forms must be returned. All forms requiring signature must be signed and dated. Incomplete applications will not be accepted.

U.S. Small Business Administration
Processing and Disbursement Center
14925 Kingsport Rd.
Ft. Worth, TX 76155-2243

Use this form to upload your disaster loan application.

Get help

Contact the SBA disaster assistance customer service center at 1-800-659-2955 <> (TTY: 1-800-877-8339 <>) or by e-mail at disastercustomerservice at sba.gov <mailto:disastercustomerservice at sba.gov>




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