CARES Act

Corona virus Aid, Relief, and Economic Security (CARES) Act

CARES Act – Corona virus Aid, Relief, and Economic Security Act, passed in 3/27/2020, funded the PPP and EIDL program with $349 Billion and $10 Billion respectively. Both programs are intended to assist business owners during the COVID-19 crisis. Given the popularity of these programs, on 4/16/2020 the government passed the Paycheck Protection Program and Health Care Enhancement Act. This Act provides additional funding for PPP and EIDL – $310 billion and $60 Billion respectively.

Paycheck Protection Program (PPP) Loans

Capital to cover the cost of retaining employees

PPP Loans

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Economic Injury Disaster Loans & Emergency Economic Injury Grants

A quick infusion of cash to cover you right now

EIDL & Emergency Economic Injury Grants

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Small Business Debt Relief Program

Keep up with payments on your current SBA loan

Debt Relief Program

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CARES Act Loan Advantages

Principal Forgiveness

The borrower does not have to return all the principal amount
No SBA Fees

The SBA does not charge fees normally associated with such loans
Payment Deferral For Months

The program offers great lending terms which are not available in the private market, such as partial forgiveness, no SBA fees, and months of payment deferral
Excellent Funding Likelihood

The CARES Act underwriting terms were design to make these loans available to as many businesses as possible

Keystone Financial Services

Experience & Knowledge

KFS Professionals have decades of experience with middle market companies, financial management, and capital markets. We bring outside perspective and best practice knowledge to each engagement.

Impact

KFSI seeks to move the needle in your business by delivering tangible deliverables in defined period of time. We provide focused services that will accelerate growth, optimize operations, increase profitability, or facilitate a more successful transaction.

Cost Effective

KFSI provides high quality financial services for a fraction of the cost of a comparably-experienced in-house staff. We offer cost-effective solutions for businesses who need the financial expertise, but currently cannot justify the cost of full time staff.