Get Emergency Government Stimulus Now

ALO mission during this crisis is to help America’s small businesses survive by getting you immediate access to capital

 

REGISTRATION IS OPEN CONGRESS JUST APPROVED AN ADDITIONAL 

$484 BILLION FOR COVID-19 CARES Act

  • $320 Billion to Replenish the PPP ($60B for SB without bank)

  • $60 Billion for SBA Economic Disaster Relief Fund ($50B in loans/$10B in grants)

  • $75 Billion for Hospitals & Healthcare Providers

  • $25 Billion for COVID-19 Testing ($11B for states and local)

- Forbes -

 

 We will help you:

  • understand your available capital options 

  • prepare and submit your applications

  • get your money ASAP

 

Arlington Law Office (ALO), we are not a lender, but we assist you navigate through this constant change in the SBA applications process. We are not charging any points or application fee for this service.

PayCheck Protection Program (PPP) loans are low-interest at 1%, and depending on how you use the money your loan can be forgiven so you never have to pay it back. Through the Paycheck Protection Program (PPP) of the CARES Act, the federal government has approved $349 billion in emergency funding to help small businesses impacted by the COVID-19 outbreak. Because PPP's funds are limited, it is to a first come first serve basis.

   Loan Details and Forgiveness:

  • The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities.

  • 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

  • Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels

  • Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease

  • This loan has a maturity of 2 years and an interest rate of 1%  -source sba.gov-

                 

If you wish us to begin preparing your application, or to learn more email us or contact us at 1-800-891-9190 with any questions.

Click here to initiate the download Paycheck Protection Program's application form and email it to us.

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