Eric Nghiem helps business owners increase profit and take home more cash and is passionate about financial education and helping entrepreneurs scale to create a greater impact on the world.
In this episode, Eric goes over EIDL SBA loans and grants along with payroll protection programs and how to invest the money into your business, while keeping yourself out of jail.
Timestamped Show Notes:
[:38] Programs For Business Owners
[3:37] People That Haven’t Received Their Money
[6:10] How/ Who Can Apply For The PPP Loan
[10:46] How To Spend The Money
[17:42] Getting The SBA
[21:04] Pros And Cons Of Signing The Contract
[30:32] Using The PPP For Sole Proprietor LLC
[33:08] When Does Interest Start
Takeaways:
Resources:
Grab your copy of Traffic Secrets
Grab your copy of The Modern Day Businessman: Success Without Sacrifice