Episode 15: The Latest on EIDL and PPP Loans for Small Business

On this episode, I welcome Ben Burke, owner of Snappy Tax, a family business dedicated to helping small businesses with tax and accounting services. 

Ben has been helping hundreds of clients through the process of navigating through the recent stimulus relief. Ben says banks and governments have been ill-equipped to deal with the flood of applicants, throwing into doubt when small business owners will receive the funds.

Ben’s insights are unique and timely because he is hit on all sides, not only from the standpoint of his tax company helping businesses apply for the loans (and chasing banks, the IRS, and the SBA for responses), but he also runs another small business himself that was deemed “non-essential” and has been closed for 3 weeks due to shelter in place orders.

Ben offers a quick guide resource to our listeners for understanding the difference between the EIDL and PPP Loan. You can access the document here – EIDL vs PPP

You can learn more about Snappy Tax by visiting http://snappytax.com/.

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