Below and attached is information provided by Brady Ware on available federal loans. Brady Ware is available to assist with the process if you need help, or you can work directly with a lending institution.
Anita Allen
Vice President
Ohio Provider Resource Association
1152 Goodale Blvd
Columbus OH 43212
614-224-6772 x110
614-655-0170 direct
614-224-3340 fax
The Trusted Voice for Providers Serving Ohioans with Disabilities for over 40 Years.
From: Gary Brown <GBrown@bradyware.com>
Sent: Tuesday, March 31, 2020 5:23 PM
It appears as if the banks will be accepting applications as soon as Thursday or Friday.
Engagement letter is attached if a Provider wants us to assist in the application process.
The CARE Act of 2020 was signed into law late Friday night. There are still A LOT of questions to be answered about this program. Today, one of the President’s Economic Advisors indicated the SBA would be ready to “process” these applications
this Friday, April 3, 2020. THAT IS NOT CERTAIN, just an ESTIMATE at this time.
As we understand it, there will be an attempt at some “Technical Corrections” that need to be addressed in the law and then the SBA will be issuing “Guidance” on the program. When we receive the “Guidance” from the SBA, we hope most,
if not all of the many questions will be answered. So stay tuned for an update from us on that.
Attached is the SBA PPP Application and a list of items that we believe as of this date will be needed for you to submit in order to complete a loan application. THIS IS SUBJECT TO CHANGE! We are getting many inquiries about this program,
and wanted to get this in your hands so than you can begin gathering this information. It appears as if timing may be critical in that the $350B allocated to this program may not be adequate to fill all of the requests. Therefore we want to be ready to submit
applications as soon as practical.
The attached items are meant to be tools and guides to help prepare for the application and submission process as the final guidance and procedures are being developed and issued by the SBA.
Gary R. Brown, CPA, Director
Brady, Ware & Company
Direct: 614.384.8411 | Cell: 614.578.2048 | Fax: 614.384.8511
facebook/bradywareCPAs
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