The Communist China Party Virus: All Jokes Aside Its Time To Take This Seriously

The Communist China Party Virus: All Jokes Aside Its Time To Take This Seriously as the Cancel Everything Movement is Destroying Small Businesses.<br /><br /><a href="https://youtu.be/4pvDZ87ODu0" rel="noopener">https://youtu.be/4pvDZ87ODu0</a><br /><br />Where and What small business owners can do and who can help during the coronavirus shutdowns<br /><br />With government officials across the country ordering restaurants and bars to close except for takeout and delivery, restaurant owners are especially vulnerable.<br /><br />The Federal government is debating ways to help struggling small businesses including making available $300 billion in small business loans to employers with 500 employees or fewer. In the meantime, here are some suggestions for what to do now if you need immediate financial help.<br />Small Business Administration loans<br /><br />The U.S. Small Business Administration (SBA) has increased its funding pool from $20 billion to $50 billion in response to the virus. It is currently offering low-interest disaster loans of up to $2 million for small businesses suffering losses due to the coronavirus. These loans, per the SBA, can be used to pay debts and cover payroll and other bills. You can apply online or by mail once the governor of your state submits a declaration of emergency. You can also reach out directly to your local Small Business Development Center (SBDC) and your SBA district office. <br /><br />Tax deferrals <br /><br />Treasury Secretary Steve Mnuchin announced that individuals and many small businesses will have until July 15 to pay the income tax they owe up to $1 million. Take advantage of this window in order to free up some cash to pay other more pressing bills Now may also be the time to talk to your CPA, or other tax professionals, to see if there are other tax credits you can take advantage of or additional things to claim.<br /><br />Private loans and grants<br /><br />Some lenders and companies are offering discounted business loans and grants during the coronavirus ou