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PAYCHECK PROTECTION PROGRAM
April 14th, 2020 7:43 PM

BULLETIN

 THE FUNDS FOR THE PAYCHECK PROTECTION PROGRAM ARE NO LONGER AVAILABLE AS OF 4/15/2020. ONCE CONGRESS APPROVES ADDITIONAL MONIES FOR THIS PROGRAM, WE WILL ADVISE YOU IMMEDIATELY.

Dear Friends,

MoneyTeam is in partnership with South End Capital to provide all our business clients with the PAYCHECK PROTECTION PROGRAM (PPP) from the Small Business Administration. This program will help our clients with funds to keep their businesses in operation until such time it is safe to reopen. The Coronavirus has damaged the US economy and has placed many of its employees and owners out of work and temporarily out of business. We at MoneyTeam are truly concerned and are here to help in processing your application for the monies needed, until the US Government or the State allows commerce to begin again under safe guidelines.

It is our understanding, the PAYCHECK PROTECTION PROGRAM (PPP) offers the following:

LOANS UP TO $10,000,000

MOST BUSINESSES ARE ELIGIBLE

NO COLLATERAL IS REQUIRED

THERE IS NO PERSONAL GUARANTEE

NO CREDIT SCORE MINIMUM

1% INTEREST RATE

LOAN MATURITY OF TWO YEARS

FOR PROFITS & NON PROFITS

THERE ARE NO FEES TO BE PAID

BUSINESSES MUST BE OPEN AS OF 2/15/2020

 THE CARES ACT or the CORONAVIRUS AND RELIEF AND ECONOMIC SECURITY ACT signed by President Trump has allowed this new SBA loan program to be implemented immediately. The monies are utilized for PAYROLL support that includes employee salaries, wages, commissions, tips, benefits along with mortgage or rent payments, insurance premiums and any other debt obligations.

The maximum PPP loan size equals your average monthly payroll expense over the past 12 months x 2.5.

All our efforts are focused on this SBA loan program at the present time. Please email us at moneyteamusa@aol.com if you have questions or concerns, as we will not be accepting telephone calls due to the overwhelming response we've encountered. We truly apologize for the inconvenience this may cause.

The application link is:

https://forms.momentumtools.io/?form=rwbscfwbqajo&rp-name=RP015289

We are eager to do our best to help you, by processing your application as expeditiously as possible.

MoneyTeam & South End Capital are on your TEAM!

Thanks again for your continuous support.


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Posted by Jesse Dorado on April 14th, 2020 7:43 PMPost a Comment

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