• Bobby Yazdani

All Small Businesses Need to Apply for the Payment Protection Program on April 3, 2020

What is it? An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.


The program is designed to provide small businesses access to capital for payroll and other overhead costs.


The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.


More information: U.S. Small Business Administration




BABAK YAZDANI

babak.yazdani@cbrealty.com

m: 832.577.7764

o: 713.623.8899

2 Greenway Plaza, Suite 150

Houston, Texas 77046

CLHMS Guild.png
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Services

©2020 BobbyYazdani.com. All Rights Reserved. Coldwell Banker Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of Realogy Brokerage Services.

Privacy Policy  |  Terms of Use  |  Fair Housing