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Home>Levelset Community>Legal Help>I filled out and submitted the Disaster Loan Assistance loan yesterday with my banking information and got a confirmatio

I filled out and submitted the Disaster Loan Assistance loan yesterday with my banking information and got a confirmatio

TexasCoronavirusStimulus

We are a startup kitchen and bath remodeler, we have invested 32K since September. We have rent advertising obligations with a small payroll. Do we need to file with our bank as well? We submitted online at sba.gov under the Disaster Loan Assistance. Also, it this something that qualifies for the grant / forgiveness?

1 reply

Apr 7, 2020
Since you were in business as of February 15, 2020, you are eligible to apply for a forgivable SBA loan under the Paycheck Protection Program. Since you have already completed a loan application directly through SBA.gov, you can contact the SBA or the lender referenced in the confirmation you received to get the status of your application. You can learn more about eligibility requirements and application processes using the link below. SBA Paycheck Protection Program
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