Need a laugh & help figuring out these biz loans?
Let’s kick today off with some comedic relief.
Did you poop while on Zoom this week? Well, if not you’re having a better week than she is. But seriously, map props to this woman. When you gotta go, you gotta go!
Need some comic relief? These are a few of our favorite memes. Feel free to share with your friends. Humor always helps.
Want to see Stephen Colbert’s underwear? No joke, he’s baring it all. Watch it here.
Ok, now that you’ve had a good laugh, let’s get back to business...
FINANCIAL SUPPORT
Still trying to figure out how to take advantage of the CARES Act (Coronavirus Aid, Relief, and Economic Security)? If you’re confused, you’re not alone. Here are a few tidbits from the SBA that may be helpful.
Do you need:
Capital to cover the cost of retaining employees? Then the Paycheck Protection Program (PPP) might be right for you. You will apply for these loans through an existing SBA-authorized bank. According to our bank, applications open Friday, April 3 for small businesses and sole proprietorships. Applications for independent contractors and self-employed individuals open Friday, April 10.
A quick infusion of a smaller amount of cash to cover you right now? You might want to look into an Emergency Economic Injury Grant. You can apply for this now.
To ease your fears about keeping up with payments on your current or potential SBA loan? The Small Business Debt Relief Program could help.
Just some quality, free counseling to help you navigate this uncertain economic time? The resource partners might be your best bet.
Download the SBA Guide here for more details on each of the resources mentioned above.
Still confused? It’s all good! Your next step is to talk to your Accountant and to your Bank! These are the people who can best advise you directly.
MARKETING SUPPORT
Want us to promote your business? It’s easy. Tag us in your in-feed Instagram posts with @hatchtribe and #hatchtribe and we’ll share out some posts every Friday to put new eyes on your biz!
Not sure how to market during COVID? This article is loaded with great tips.
Ready to level up your marketing skills in this new virtual economy? Get on the waitlist for our Online Marketing Bootcamp kicking off in a few weeks!
COMMUNITY SUPPORT
Members, still haven’t joined the Collective Facebook Group? This is a great place to get resources, ask questions, make connections, and more! Click here to request to join. An active membership is required, so if you haven’t yet joined the Collective start here.
Got 5 minutes to share your thoughts? We’d love to hear what’s on your mind as a business owner right now.