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April 10, 2020

Paycheck Protection Program Vs Economic Injury Disaster Loan Program

Paycheck Protection Program Vs Economic Injury Disaster Loan Program

PPP vs. EIDL
The Paycheck Protection Program is one of two programs designed to help small businesses during the coronavirus crisis. The other is the Economic Injury Disaster Loan (EIDL) program. While both programs help struggling businesses get back on...


PPP vs. EIDL

The Paycheck Protection Program is one of two programs designed to help small businesses during the coronavirus crisis. The other is the Economic Injury Disaster Loan (EIDL) program. While both programs help struggling businesses get back on their feet financially, they have slightly different goals which are suggested by the names of the two programs.