Various Stimulus Resources
Below are a list of resources you may need
IRS
Q: What if I didn’t file a return, how does the IRS find me for my stimulus payment?
A: IRS has a website set up for non-filers to give them your information. Here is the link:
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Q: Where do I go to check my stimulus payment status?
A: IRS made a website called “Get My Payment”. Here is the link:
SBA
There are three popular SBA programs:
UPDATE: At this time the SBA is no longer offering any of these programs.
PPP Loans,we wrote about last week.You will need to apply with your bank.SBA Disaster Loan Advance – Up to $10,000 –Apply HereSBA Disaster Loan–Apply Here
Federal Reserve
Main Street Lending Program made for Small to Mid-Size businesses
- Minimum loan size $1 million USD
- 4 years until maturity
- Interest Rate is Fed Rate + 2.5 – 4.0%
- No prepayment penalty
- Attractive to banks, since the Treasury would buy back 95% of the loan
- Like the PPP, you will need to apply though your bank.
Owner at Taxed Right LLC
Founder of TaxedRight. I use to work at the IRS, now I help people with their taxes.
Latest posts by Romeo Razi (see all)
- Paying your taxes - May 8, 2020
- How does oil go negative? - April 21, 2020
- CAREs Act - April 17, 2020
