EIDL- How You NEED To Prove You Used EIDL Funds Appropriately

By June 1, 2020 June 5th, 2020 Blog

Well, Now comes the “not-so-fun” part…How to prove you used the EIDL funds appropriately

 

With so many loans being funded and business owners relying on them, we want to make sure you’re using them correctly.

 

We want to help you have a perfect paper trail in place, as you probably will need to PROVE your usage of the loan amount.

 

This video will provide the strategy and guidelines you’ll need to feel secure about your decisions with how you’ve spent the funds.

 

For further resources check out: https://profitfirstformicrogyms.com/13-week-cash-flow-forecasting/ SBA Forgiveness

 

PDF: https://www.sba.gov/sites/default/files/articles/EIDL_Information_and_Documentation_-_3-30-2020_FINAL_2_pm.pdf

Check out our other videos for information on the different aspects of the Stimulus packasge on our YouTube channel.

 

Are you a microgym owner? You can order a copy here of my new book Profit First For Microgyms and begin establishing your HEALTHY cash flow system, TODAY!

 

Interested in more tips and advice on how to better manage the financial health of your microgym? 

 

I would LOVE to connect.

 

I share daily tips and advice not only for Microgym owners but for all of us being bullied by the IRS.

 

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