Side-by-Side Comparison Chart of EIDL & PPP

Apr 13, 2020 | All News & Events

In addition to the Economic Injury Disaster Loan (EIDL) expansion, the CARES Act adds a new Paycheck Protection Program (PPP) to the SBA’s section 7(a) lending program. The PPP offers loans of up to $10 million for businesses to maintain payroll and related benefits, interest on mortgages and other debts, leases and utility payments.  Understanding which of these works best for you and your business can be confusing. This side-by-side comparison chart provides a quick snapshot of the differences between the two program

Side by Side Comparison of EIDL PPP

 

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