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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Apr 7, 2020

CARES Act has multiple options for relief.  

 

Complete text of the act: https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-HCC079DAB5D724A3B9AE86D4E64A83BBE

 

Jonathan McGuire takes us through the different elements and describes the different attributes and which might work for you. 

 

Coronavirus Relief Options: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

 

Paycheck Protection Program: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp#section-header-1

If you have employees, W2 wages, this is likely your best option.   

 

Economic Injury Disaster Loan EDIL https://covid19relief.sba.gov/#/

If you do not have employees, this is likely your best option.

There are additional fixes in the bill to correct prior measures.  

For additional information, go to:

Website: aldrichadvisors.com

Email: jonathanmcguire@aldrichadvisors.com

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