U.S. Senate Refills SBA Funds


The Senate Has Approved $484 BILLION in Additional Funds to Help Businesses

Great news! The U.S. Senate has approved $484 Billion in additional funding, most of which is to refill the SBA loan programs (including the $10k Advance, SBA Disaster Relief Loans-EIDL, and the PPP).

More good news!
Many of the businesses we have helped apply have received grants and loan offers:
$500,000 SBA loan (3.75% fixed rate, 30-year payback, first payment in 12 months)
$171,000 SBA loan (same terms)
$89,000 SBA loan (same terms)
+ a handful of advances between $2,000 and $7,000

DealerXT can still HELP YOU APPLYDealerXT is providing this free service to all of its customers.

Just e-mail Bailout@dealerxt.com to get started.

The Senate passed a $484 billion coronavirus relief bill which includes aid for small businesses as well as hospitals and money to expand testing.
The bill now heads to the House, which hopes to approve the legislation this Thursday.

Photo by Joshua Sukoff on Unsplash

The information is provided by Dealer XT, and is not intended to constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. You should contact your attorney to obtain advice with respect to any particular legal matter. © 2020

DealerXT is not a law firm or lawyer referral service and cannot provide any advice or opinion about your legal rights. The information found on DealerXT.com is intended for general informational purposes only and should be used only as a starting point for addressing your legal issues. The information is not the provision of legal services, and accessing such information, or corresponding with or asking questions, or otherwise using the Services, does not create an attorney-client relationship between you and DealerXT, or you and any lawyer. It is not a substitute for an in-person or telephonic consultation with a lawyer licensed to practice in your jurisdiction about your specific legal issue, and you should not rely on such Legal Information. You understand that questions and answers or other postings to the Services are not confidential and are not subject to attorney-client privilege.