Coronavirus Impact on Multifamily- Stimulus Program PPP vs. EIDL

These are crazy times, huh? The economy went from going 100 miles an hour… to ZERO. Now, our government is trying to get small business owners back to work. The SBA offers the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan Program (“EIDL”). What should you know? What are some of the benefits and challenges for both programs? James “The Professor” Eng shares with us the initial overview of both programs. To watch this video: https://www.youtube.com/watch?v=xPrsYVBCPwM To contact James Eng: JEng@oldcapitallending.com

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