Jessica Mah: Complete Guide to The SBA Bailout Programs

Jessica Mah from inDinero teaches about the Payment Protection Program and other SBA loan programs that are available. There are two basic programs, the Payment Protection Program and the Economic Disaster Loan.

1:00 - Unfortunately, the money has run out. Will there be more funding? Only 6% of all applications have actually been funded.

There will likely be more funding so it's worth applying and getting in line. Is your own bank the best source for this loan? Sometimes the smaller local bank or credit union could increase your chances in getting approved and the review process is faster. We also discuss whether brokers are worth going through to apply.

6:00 - Can you still apply even though the money is out?
8:00 - What's available and how can you be successful at getting support from these programs? You need to show all your numbers to increase your chances in approval.
12:02 - How difficult is the application process?
15:08 - Which program is right for me and where should you store the money once received?
18:00 - Will your loan actually be forgiven?
21:25 - Can you apply to both programs and which one is better? EIDL vs. PPP

Learn More From inDero: https://www.indinero.com/

Learn More From Jason: https://www.jasonhartman.com/

Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!