Small Business SBA Stimulus Package Forgivable Loans Solo Entrepreneurs Gig Economy

from Heather Havenwood

The Stimulus Package was past on March 27 2020
If you are a Small Business, Independent Contractor, Freelancer, Solo Proprietor – The 2020 CoronaVirus Stimulus Package is for you!

Here is the link to go and get ALL of the Resources we have put together

Make sure you get at least the $10,000

go to this video to learn how to apply for the Economic Injury Disaster Loan Application

Kerry Lutz of the Financial Survival Network and Heather Havenwood of Like A Boss Podcast and Influencer Tribe

Hi everyone. My name is Heather Havenwood and welcome to your emergency financial survival briefing of the United States. please stay on and actually share this with other people in your community. Other small businesses. Okay, what I mean, small business, small businesses, really are the health and the breathing mechanism of America today. So it’s truly important that we really make sure that all small businesses in America today are going to be breathing through this extremely financial time, um, survival times. So I’m going to be bringing on a dear friend of mine, Kerry Lutz Now you’re on screen.

There is a lot of things that got passed on last Friday with the stimulus package, but there are many tiers that got passed. It wasn’t just this blank check thing. There’s all these different kinds of tiers. There’s state, there’s federal and SBA. There’s literally different things. There’s emergency loans, there’s emergency grants. And so much so over the last what three days, Kerry you and I had been scouring the internet. You had the audacity to read the bill Cray Cray. You are, but that’s who you are. So what we’re doing is he’s going to be going into the details of these different kinds of packages. I’m not going to call them loans because some are some art, some are grants, some are just gifts of the government. And there’s a lot of um, a confusion out there. Even lawyers and accountants don’t really exactly know what’s going on.
So we explained to you who Kerry Lutz is. So he’s a financial guy now.

Absolutely. That’s, that’s what we’re here to do. I’m actually willing to having a phone call here in a couple of hours with a doctor, an MD who’s got a general practice in San Antonio, and he was referred to me, but my other friend who’s a doctor, he’s like, please help them. You know? Um, so everyone’s freaked out. And the, the challenge with all of that is that, uh, there’s a lot of misinformation happening. You know, the end of the day, this, some news package just was signed on Friday, late Friday actually. information is still being brought out. As you know, Kerry I walked, went to three banks today, uh, to talk about one particular a loan program that was talked about in, in the Congress, the bill and all the bankers are like, we don’t know what you’re talking about. So there’s just a lot of information. Our job here today is to help you as much as we possibly can. All right, so let’s kind of dive in. My job is to keep a macro view on it and Kerry going to dive in a lot to the minutia. So let’s start with the individuals. You know, what’s in it for the individual who’s not business? It is the $1,200, is that right, Kerry?

Yup. Basically $1,200 if you’re a married couple and you’re under a certain income level, generally $75,000 each, then you’ll each get 1200 and then $500 each for each dependent that’s listed on your tax return. So it could be a substantial amount of money for a married couple. My partner business partner, he’s got six children and a wife. So he’s

Yeah, small down payment. Okay. So we’re quickly though on that cause something I learned last night, you and I are talking about if you, you need to make sure that you have to file your 2018 Taxes, correct?

That is correct. There’s no, you can’t really tell whether it’s going to tie it up or not, but they’re going to base these payments on 2018 on your return. Heather, it wouldn’t surprise me if it goes out early next week. I’ve never seen the government move as quickly on anything. when I was in New York and nine, 11, we had all these programs and they took months to get and and so New York might actually have an advantage here because they still have that infrastructure in place for their grants and loans that took place after nine 11.

These programs can work for you. There are programs in this bill that will help you. Gig economy, financial contractors. I’m pursuing, I’m a, I’m a, I’m a consultant basically, right? I’m a one person employee. I have people that work for me, but they’re all contractors. Uh, I thought for sure I’m not going to get anything. And uh, last night I, uh, along with Kerry, we filled out information to get a $10,000, what do you calls all loan? $10,000.