Episode 885
COVID-19: Disaster Loan Program Runs Dry
Real Estate News: Real Estate Investing Podcast · Kathy Fettke / RealWealth
April 18, 20206m 17s
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Show Notes
If you are a landlord in need of financial help from the disaster loan program and you haven't applied yet, you'll now have to wait until Congress agrees to provide more funding. The Small Business Administration announced on Wednesday, April 15th, that the Economic Injury Disaster Loan, or EIDL, and the Paycheck Protection Program, or PPP, have both run out of money and will not be accepting new applications. Already submitted applications are still being considered, but the process is slow-going. www.NewsForInvestors.com