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The CARES Act, EIDL, and the Paycheck Protection Program. What Business Owners Need to Know

In this episode, I’m joined by Gerri Detweiler, the Education Director of Nav.

And she’s sharing the ins-and-outs of the recently passed CARES Act, and how it can benefit you and your business.

Resources mentioned:

About this episode:

Today’s episode breaks down how small business owners like you and me can benefit from the CARES Act that was recently passed due to the COVID-19 pandemic.

This is an important episode for all online business owners, including sole proprietors, freelancers, or independent contractors. In this episode, you’ll learn which programs may be available to you and your business to provide much-needed financial assistance during this time.

My guest today is Gerri Detweiler. She is the Education Director for Nav, the trusted financing partner of over 1.2 million businesses, where she gives Nav’s customers certainty in an uncertain world through expertise and actionable advice. Gerri is a leading, nationally recognized financing and credit expert, with more than 20 years of experience.

I am honored to have Gerri on the show, and I hope you find her calm and clear advice as helpful as I did!

We cover so much in this episode, including:

  • How your business may secure up to $10,000 in fast cash from the SBA — without having to pay it back
  • The differences between the EIDL and the PPP programs, including how to know if your business may qualify and how much you may be able to obtain
  • How long you have to take advantage of these programs, but why you may want to act fast

And so much more!

Thanks for listening!

If you like what you hear, please share your thoughts and help out the show!

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