Morning! We have some good news amid these bleak times—those of you running SaaS businesses in the U.S. are likely eligible for a forgivable loan via the CARES (Coronavirus Aid Relief and Economic Security) Act. The basic terms are 2.5x your average monthly payroll from Feb 2018 to Feb 2019, and if you can show proof that the loan goes towards your payroll, rent, mortgage, or utilities, you won’t have to pay it back.
COVID relief loans for SaaS companies
COVID relief loans for SaaS companies
COVID relief loans for SaaS companies
Morning! We have some good news amid these bleak times—those of you running SaaS businesses in the U.S. are likely eligible for a forgivable loan via the CARES (Coronavirus Aid Relief and Economic Security) Act. The basic terms are 2.5x your average monthly payroll from Feb 2018 to Feb 2019, and if you can show proof that the loan goes towards your payroll, rent, mortgage, or utilities, you won’t have to pay it back.