ZC 33 - Amazon Seller Guide to Your FREE Stimulus Money! CARES Act and Paycheck Protection for FBA Sellers

Published: April 7, 2020, 8:37 a.m.

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YES! Your business qualifies for the FREE money from the Government! All single businesses, LLC, partnerships, contractors, and S corps are eligible. You just have to be a US citizen.

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Click here to apply for your PPP grant through Kabbage: https://www.kabbage.com/?refid=nrp_16398

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Good 4 page PDF for more in-depth write up: https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf

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We mentioned in episode:
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What is this loan / grant?
\\nWho can apply?
\\nDo I have to have been hurt?
\\nHow much do you get?
\\nWhen can you apply?
\\nWhere do you apply?
\\nWhat do you need to apply? 

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Disclaimer! I\\u2019m not an accountant! I\\u2019ve just been obsessing about this for weeks.

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What is this loan / grant?
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CARES act and the Paycheck Protection Program (PPP)

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Who can apply?
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Basically Every US citizen! If you are a contractor, sole-prop, LLC, S-corp, you qualify!

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Do I have to have been hurt?
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Not really. Basically everyone who sells on Amazon should apply.

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How much do you get?
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2.5 months of payroll -> Thousands to 10\\u2019s of thousands of dollars

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When can you apply?
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Right now! The program opened on April 3, 2020

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When should you apply?
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Right now! There is Very limited funds and this is a first come first serve program. 

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Where do you apply?
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Kabbage and many other major banks

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What do you need to apply?
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All your 2019 payroll and tax docs

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Click here to apply for your PPP grant through Kabbage: https://www.kabbage.com/?refid=nrp_16398

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