Spectora Spotlight with Kevin Wagstaff

Free Money: Government Programs to Help Home Inspectors

April 1, 2020

I'll skip the part about unprecedented times and get right to it: 

There are a number of programs the government has rolled out this past week to help small businesses of all kinds. And the normal restrictions have been dropped so that means home inspectors need to be taking advantage of these programs to keep their inspectors on-board and to help themselves stay afloat.

We did our best to interpret these bills that were rushed out as there is plenty of ambiguous language (so forgive us if we missed anything!) but please read through these and consult with your CPA and legal counsel. 

Here are links discussed in this episode. We encourage each of you to check all of these out!

SBA Disaster Loan Assistance

https://covid19relief.sba.gov/#/

Paycheck Protection Program

https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp

Independent breakdown of programs

https://www.natlawreview.com/article/paycheck-protection-program-sba-loan-program-expanded-cares-act

Sample Paycheck Protection Application

https://www.sba.gov/sites/default/files/2020-03/Borrower%20Paycheck%20Protection%20Program%20Application.pdf

 

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