Guidance to apply to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Loans, IRS Credits & Individual Stimulus

Funding for these programs is limited and will run out fast!

Check the additional information below. Call us at 504-835-4213


Families First Coronavirus Response Act (FFCRA)

The act provides eligible employees to receive paid leave entitlements from their employers which will be reimbursed dollar for dollar by the federal government through tax credits claimed on the employer’s quarterly payroll tax return. In cases where the employer’s payroll tax liability is exceeded by the paid leave entitlement costs, there will be a refund of the excess issued to the employer. Essentially, the federal government is reimbursing the employer in full for any FFCRA act entitlement payments made to employees.

Download FFCRA guideline pdf


Paycheck Protection Program (PPP)
The program helps small businesses keep workers employed. Find out more about eligibility, what lenders are looking for, how much can you borrow, and the requirements for the loan to be forgiven. The program would provide cash-flow assistance through a federally guaranteed loan to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers remain employed, as well as help affected small businesses and our economy get back to speed after the crisis.

Download PPP guideline pdf


SBA Economic Injury Disaster Loan (EIDL)
These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL). To access the advance, you first apply for an EIDL and then request the advance. The advance does not need to be repaid under any circumstance, and may be used to keep employees on payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent and mortgage payments.

Download Economic injury disaster loan pdf


The Allday Consulting Group, LLC
2901 N. Causeway Blvd. Ste. 301 | Metairie, LA 70002
Phone: 504-835-4213 | Fax: 504 834-8218 | Email: info2018@alldaycpa.com
Toll Free Phone: 1-800-259-4213


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