A new publication from Greensfelder’s Business Services practice group regarding Economic Injury Disaster Loans (EIDL) may be relevant to many franchise systems.  The purpose of the EIDL program is to provide economic support to small businesses in order to continue operations during the COVID-19 pandemic. The procedure and terms of the EIDLs are determined on a case-by-case basis, but the article linked below provides  a high-level summary of the programs, eligibility criteria and application process.

Read the full article at https://www.greensfelder.com/newsroom-publications-SBA-coronavirus-disaster-loans.html

Additional publications relating to the COVID-19 pandemic can be found here.