第二轮经济损失灾难贷款垫款

Schneider Downs continues to track the evolving landscape of federal financial programs offered in the wake of the business disruption caused by the coronavirus crisis. 12月21日, 2020, the Consolidated Appropriations Act (the Act) was passed by both houses of Congress. 看到 我们的文章为高层次的总结 该法案所包含的一些条款. One of the provisions was the inclusion of additional funds to support the Economic Injury Disaster Loan Advance program (EIDL2).  

有多少额外拨款获批准?

200亿美元.

资格要求是什么?

The appropriation of EIDL2 is primarily to those entities in low-income communities. Entities that had received an advance under the original program pursuant to the CARES Act will have priority, followed by entities that meet the below eligibility criteria.  

An entity must meet the following eligibility requirement to be considered a covered entity:

1. Applies for/is eligible for a loan under section 7(b)(2) of the Small Business Act during the covered period;

2. 位于低收入社区;

3. Has suffered an economic loss of greater than 30%; and

4. 雇员不超过300人.

“经济损失”是如何定义的?

The amount by which gross receipts declined during an 8-week period between March 2, 2020年和12月31日, 2021, relative to a comparable 8-week period immediately preceding March 2, 2020, 或者在2019年. 如果实体是季节性企业, the amount will be determined by the Administrator of the Small Business Administration. 

How much of an advance amount is a business eligible for? 

最高可达$10,000.

Is the entity entitled to the full amount of the advance?

是的, once the Administrator verifies the entity is a covered entity, 它有资格获得全额10美元,000预支，不论是否:

• The applicable loan an entity applies or applied for under Section 7(b)(2) of the Small Business Act is or was approved;
• The covered entity accepts or accepted the offer of the Administrator in regards to an approved loan;
• The covered entity has previously received a loan under section 7(a) of the Small Business Act.

如果承保实体收到的金额少于10美元,000 previously pursuant to the CARES Act EIDL advance, 付款将是10美元之间的差额,000和先前收到的数额.

预付款是否从任何PPP贷款减免中扣除?

与原来的规则不同, EIDL advances are no longer deducted from any PPP loan forgiveness which would be effective as of the enactment date of the CARES Act. 

预支是否视为应纳税所得额?

与原来的规则不同, EIDL advances will not be considered 税able income.  此外，不允许扣款.  

提前预定的时间是多长?

Until the 200亿美元 is exhausted, or December 31, 2021.

If you need more information or assistance regarding an EIDL advance, visit our website at lunchpenny.com/ppp, reach out to any of your contacts at Schneider Downs or contact Joel Rosenthal at (电子邮件保护).