Small businesses applied for Economic Injury Disaster Loans (EIDL) in droves when they became available on March 30th. Normally, these loans only provide assistance after natural disasters like tornadoes, wildfires or floods, but when President Trump declared Covid-19 a nationwide emergency on March 13th, the door opened for small businesses across the country to seek emergency financing. With uncertain prospects ahead, business owners saw the program’s maximum $10,000 advance as a way to tide their companies over until the effects of Covid-19 were under control. Read full Forbes article
Recent Posts
See AllShadreka McIntosh, a fifth-generation Fort Myers resident, will be achieving her goal of bringing a pharmacy to the communities known as Dunbar. McIntosh, 41 and a Fort Myers High School graduate, has
Ron Busby and Brock Blake both shot plenty of criticism at the Small Business Administration last year over its handling of the Paycheck Protection Program. Now, they agree: The PPP might be experienc
Catalyst Southwest Florida, a wholly owned subsidiary of Catalyst Community Capital, has acquired a 4.2 acre site in Cape Coral, FL, with plans to develop a 96-unit affordable and workforce housing co