We have been helping small businesses obtain the funding they need for their businesses for almost 2 decades.  We know how to get your loan processed correctly with the proper documentation you need including in your application package.

With our online process, we've simplified the entire process so all you need to do is fill out one form on our website and our team will then complete all the necessary documents you need for the SBA.

If you fail to include the required documentation in your EIDL loan package, your application will not get approved and the approval process will be significantly delayed as well.

You can avoid the stress and also get assistance from our team of experts to ensure your documents are completed correctly and include everything you need to apply with confidence.

You can choose to have us "DO-IT-WITH-YOU or DO-IT-FOR-YOU.  Either way, you'll receive our expert guidance and assistance and our services are 100% guaranteed satisfaction.

A PPP loan is part of the "Cares Act" and stands for "Paycheck Protection Program".  The federal government initiated this disaster relief program to help employers and small business owners continue to pay their employees as well as their monthly expenses while being forced to close their doors.

Any small business can apply for a PPP loan, and most FDIC banks are participating in helping get the funds to those small businesses who need help.

Here at DLP we can assist you in packaging your application and loan documents so you can submit your application package to your bank or lender with confidence.

Any small business with 500 or fewer employees may be eligible. This includes small businesses, sole proprietors, S corporations, C corporations, LLCs, independent contractors, self-employed people, private nonprofits and faith-based organizations.

You can wait to hear from the SBA or your bank or lender, or you can re-initiate the process by using or expert loan packaging and assistance to get your application prepared the right way this time so you get the funds you qualify for faster.

PPP loans are maxed at $2 million.  The EIDL loans are maxed at $10 million.  Collateral and good credit may be required for EIDL loans but there is no collateral or credit checks for the PPP loan option.  In addition, the EIDL program is offering a $10k advance that can be forgivable if the funds are used to pay employees or monthly debts. PPP loans are also forgiveable if used for payroll and/or monthly business expenses.

Yes, but the loan funds must be utilized for different purposes.  If an EIDL loan was received between January 31, 2020, through April 3, 2020, and not used for payroll costs (i.e it was used for working capital, or to refinance existing debt, etc), it does not affect eligibility for a PPP. If the EIDL was used for payroll costs, the PPP must be used to refinance the EIDL loan.

In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.

This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available following a successful application. This loan advance will not have to be repaid.

The SBA’s Economic Injury Disaster Loan provides vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing as a result of the COVID-19 pandemic.

This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by COVID-19.

Businesses in certain industries may have more than 500 employees if they meet the SBA’s size standards for those industries.

The Economic Injury Disaster Loan advance funds will be made available within days of a successful application, and this loan advance will not have to be repaid.

PPP- Eligible companies can borrow up to $10 million calculated based on payroll records (as described in Question 17) at a fixed interest rate of 1% for a two-year term.

EIDL - The interest rate is 3.75% for businesses and 2.75% for nonprofits with a 30-year term possible. There is an automatic one-year deferment on repayment so the first payment is not due for a full year, although interest begins to accrue at time of disbursement.

PPP loans will be forgiven if 75% of the loan is used for payroll.

EIDL loan recipients can receive up to $10,000 in advance that will be forgiven if used for specific business related expenses