Side-By-Side Comparison of the Paycheck Protection Program and Economic Injury Disaster Loans

There are two different types of government business loans available to help small businesses stay afloat during the coronavirus emergency that are quite different in nature. The Paycheck Protection Program loans provide funding to continue paying employees during the crisis and the Economic Injury Disaster Loans provide vital economic support to help overcome the temporary loss of revenue businesses are experiencing as a result of the COVID-19 pandemic. The table below provides a side-by-side comparison of these loans followed by details of both. Paycheck Protection Loans These loans can be forgiven if certain conditions are met. The following are the particulars of Paycheck Protection Lo

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