Dear
Friend
The SBA Paycheck Protection Program (PPP) is a bold and timely reaction by the federal government to the present crisis.
It provides $350 billion in relief to small businesses and nonprofits. To maintain your chance at winning these funds for yourself or your charity, you need to act now to get to the head of the line.
PPP will give you the resources to pay salaries and benefits even as revenues continue to decline. I'm sure many charity leaders and board members are anxious to benefit from this program. They do not want to be left out of what may be a once-in-a-lifetime deal that will keep their churches, charities or schools alive. After all, the loans that will be given out can be completely forgiven.
It will be like having an ATM in the lobby of your institution spitting out money all day long.
For most of us, the problem is we are not sure where to turn for help, whether we are eligible, if we are too late, or how to prepare ourselves to secure PPP funding once the application process opens up at your bank.
I know what it's like. I'm applying for a PPP forgivable loan myself to protect Drew & Associates and our staff.
We are now working with a number of our non-profit clients to get them ready to apply later next week. As one of them reminded me; it easy to put this off because you're afraid it is too much work, that it is a waste of time, or that it only goes to more established charities. I get it.
Frankly, it seems silly for me and my staff to work hard to win you grants when the SBA Paycheck Protection Program is coming on line. I can't think of anything more important right now than to help you participate in this program.
According to the SBA, your total loan amount will be equal to your annual expenses for labor - wages, salaries, benefits, and 1099s - divided by 12 and then multiplied by 2.5. We have a spreadsheet calculator that will help you figure out the exact amount you can request.
As long as you maintain at least 90% of your current staffing, you can spend this money anyway you want as long as you focus on payroll, utilities, rent and interest expenses. If you do that, your loan will be completely forgiven.
I've put together a new program to help you access these funds with the assistance of our conscientious team.
Personally, I've got 25 years of experience in dealing with federal loan programs as a loan officer, a client of the SBA, and as a grant writing consultant. My skills will help you to get started and to secure this money. We will:
- Save you time by screening your charity for eligibility.
- Fill out the appropriate PPP application form for you.
- Help you gather the necessary documentation.
- If you do not have it, we will help you find it or create it for you.
- Submit your application on time.
- Answer any inquiries or requests for additional information.
- Make sure you get paid quickly.
As far as we know, you should be getting your funding with in 30 days of receiving your application approval from your existing bank or lender. Later, we will work with you to make sure you collect the exact receipts, records, and financial reports you need to qualify for the forgiveness of your loan.
We will be charging a total fee of $1,000 for our Paycheck Protection DocPrep services.
I have to be real with you. If you do not apply for this funding it may be catastrophic for your charity.
We have no way of knowing exactly how long this crisis will last. All we know for certain is that the window of opportunity to get this free money closes on June 30, 2020. The federal government is predicting that at the current rate of distribution this program will run out of money by June 1, 2020.
Since this money is given on a first come, first served basis, it will eventually run out and some people will not be able to get it. Even if you manage to survive without the income needed to cover your payroll, utilities and rent, your charity will be threatened because it will emerge from this crisis damaged, living on a tighter margin and potentially even more vulnerable to continuing financial and pandemic shocks.
All it takes to get started is to pay our upfront, non-refundable fee of $250.00 and to set-up an intake phone call with me at 949-338-5921.
In that phone call, I will ask you some questions about your charity, verify your for eligibility, and then make a recommendation on whether or not it makes sense to bring you on as a client for this PPP opportunity. If it is not a fit, then I will refund your money. If it looks like you are a good prospect, then we will move forward with the paperwork. I'll provide you with a list of needed documents, a loan amount calculator, urgent program updates, an o
fficial SBA application w/ instructions, unlimited email and phone support.
The final result will be astounding for you and your charity or your small business. Your employees will enjoy the peace of mind and security that you have wisely provided for them. You will be able to keep up your rent and utility payments. You will be able to put your people to work again doing useful things even if they are no longer meeting with your clients face-to-face.
All in all, you will be appreciated for leading your charity in a crisis and protecting its capacity to complete its mission now and in the years to come. To get started, use the Buy Now button below.
