EMERGENCY FUNDING APPLICATION SERVICES

FOR DISASTER RELIEF ASSISTING SMALL BUSINESSES & SOLE PROPRIETORS ACROSS THE USA!

Specifically for Economic Injury Disaster Loans (EIDL) & Pay Check Protection Program(PPP)

GET YOUR APPLICATION DONE URGENTLY! HIT THE BUTTON AND WE CAN GET STARTED FOR YOU!

CALL US: 561 347 8440

DUE TO THE CURRENT DISASTER, DOES YOUR BUSINESS NEED HELP FAST?

WE CAN ASSIST YOU NOW WITH EMERGENCY FUNDING APPLICATIONS!


Business owners can take full advantage of multiple strategies made available to you.

Email us your contact information now and we will call you back to assist you in filling for your loan.

LATEST NEWS ON CURRENT LOANS

We will keep posting videos as we get more information about the latest updates regarding these loans. Be sure to follow us on Facebook!

@GKAPLANLAWOFFICE

Economic Injury Disaster Loans (EIDL)

These emergency cash grants are available and may be forgivable loans for your business. This can be a life saver in these stressful times.

Paycheck Protection Program (PPP)

An amazing emergency lifeline for small-business owners to get a forgivable loan to help cover payroll costs other office expenses.

Grant Kaplan recently featured on WPTV regarding the crisis.

The launch of the federal government’s $349 billion loan program for small businesses to help pay workers was met with confusion and even rejection for some in Palm Beach County

You need to apply now! Do not delay this any longer!

More information on the current loan programs that we are assisting business owners with. We understand the urgency of the situation at hand. Our staff are trained and ready to assist you in getting these applications filed as fast as possible!

Economic Injury Disaster Loans (EIDL)

Borrowers can receive an emergency grant cash advance that can be forgiven if they spend it on leave, maintaining payroll, covering increased costs due to supply chain disruption, mortgage and lease payments or paying other obligations that cannot be met due to loss of revenue as a result of the current crisis in the USA.

Lending decisions are based on self-certification and the applicants credit score. The system has been set up in a way to ensure that the review process is pretty quick. These forgivable loans are typically paid out in 3 - 7 business days. We apply for these loans via the SBA on your behalf.


Paycheck Protection Program (PPP)

This is an opportunity for small-business owners to get a loan to help cover payroll and a few other specific costs. These loans have the potential of being completely forgiven and never requiring any monies to be paid back.

The loans are being made available to businesses with fewer than 500 employees. Business have to show that they were in business prior to February 15th, 2020, and that they were economically affected by the corona virus, or even that the economic uncertainty makes the loan necessary.

7 reasons why you should use our services!

  1. We are assisting clients throughout the United States of America

  2. As your attorneys we will prepare and file all necessary documentation on your behalf.

  3. We have more than 35 years of International and US business experience.

  4. We will advise you on the best emergency funding program to file for immediately.

  5. We will assist you to fully document so that you stand the maximum chance of success and maximize the amounts you are entitled to.

  6. We have 3 attorneys and 15 paralegals standing by to help you right now!

  7. We are aware of the day to day changes that will apply to you.

Business Owners & Sole Proprietors! NOW is the time to act FAST!

CALL US: 561 347 8440 - EMAIL US - MEET US IN PERSON... Let us get this taken care of for you!

Paycheck Protection Program (PPP) Loan Calculator

How do I calculate the maximum amount I can borrow?

The following methodology, which is one of the methodologies contained in the CARE Act, will be most useful for many applicants.

Step 1: Aggregate payroll costs (defined in detail below in f.) from the last twelve months for employees whose principal place of residence is the United States.

Step 2: Subtract any compensation paid to an employee in excess of an annual salary of $100,000 and/or any amounts paid to an independent contractor or sole proprietor in excess of $100,000 per year.

Step 3: Calculate average monthly payroll costs (divide the amount from Step 2 by 12).

Step 4: Multiply the average monthly payroll costs from Step 3 by 2.5.

Step 5: Add the outstanding amount of an Economic Injury Disaster Loan (EIDL) made between January 31, 2020 and April 3, 2020, less the 9 amount of any “advance” under an EIDL COVID-19 loan (because it does not have to be repaid).

The examples below illustrate this methodology.

Example 1: No employees make more than $100,000

Annual payroll: $120,000

Average monthly payroll: $10,000

Multiply by 2.5 = $25,000

Maximum loan amount is $25,000

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Example 2: Some employees make more than $100,000

Annual payroll: $1,500,000

Subtract compensation amounts in excess of an annual salary of $100,000: $1,200,000

Average monthly qualifying payroll: $100,000

Multiply by 2.5 = $250,000

Maximum loan amount is $250,000

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Example 3: No employees make more than $100,000, outstanding EIDL loan of $10,000.

Annual payroll: $120,000

Average monthly payroll: $10,000

Multiply by 2.5 = $25,000

Add EIDL loan of $10,000 = $35,000

Maximum loan amount is $35,000

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Example 4: Some employees make more than $100,000, outstanding EIDL loan of $10,000

Annual payroll: $1,500,000

Subtract compensation amounts in excess of an annual salary of $100,000: $1,200,000

Average monthly qualifying payroll: $100,000

Multiply by 2.5 = $250,000

Add EIDL loan of $10,000 = $260,000

Maximum loan amount is $260,000

Interactive Calculator (Coming Soon)

What qualifies as “payroll costs?”

Payroll costs consist of compensation to employees (whose principal place of residence is the United States) in the form of salary, wages, commissions, or similar compensation; cash tips or the equivalent (based on employer records of past tips or, in the absence of such records, a reasonable, good-faith employer estimate of such tips); payment for vacation, parental, family, medical, or sick leave; allowance for separation or dismissal; payment for the provision of employee benefits consisting of group health care coverage, including insurance premiums, and retirement; payment of state and local taxes assessed on compensation of employees; and for an independent contractor or sole proprietor, wage, commissions, income, or net earnings from self-employment or similar compensation.

We are here to help you in these trying times!

CONTACT US

Contact us directly now so that we can help you to move forward and file your application.

Call us now at Tel: (561) 347-8440 ( Available 24 hours)

Our Office Address: 7100 W Camino Real Suite 100, Boca Raton, FL 33433

(We are authorized and fully open and operational as attorneys doing essential & emergency work)