Episode Details

During this show, you'll discover …

✅ How efforts to combat the financial effects of the novel coronavirus have caused other problems for small business owners

✅ How scammers are trying to take advantage of the Paycheck Protection Program

✅ How a combination of unprecedented need…

✅ … $2 trillion in funding…

✅ … some relaxed rules…

✅ … desperation…

✅ … and unethical people…

✅ … has created a situation where some are trying to cheat the system

✅ How bad actors are already trying to game the system

✅ Ways to protect yourself against SBA loan scams

✅ What the Small Business Administration says about avoiding scammers

✅ What to look for

✅ How and why a dose of skepticism is healthy

✅ Where online lenders fit into the picture…

✅ … and how they may end up being able to participate in the SBA Paycheck Protection Program…

✅ … and how reputable online lenders can be a part of getting your business back on its feet

✅ How federal oversight affects the SBA PPP and the CARES Act

✅ How to get a forgivable loan from the stimulus package

✅ How to get a legit SBA PPP loan

✅ Where we have up to date information on the SBA Paycheck Protection Program…

✅ … which we are updating regularly