Qualifying businesses, which are businesses that had a total payroll of between $50,000 and $1 million in 2019, are eligible to receive interest-free loans of up to $40,000. Up to $10,000 of that loan can be fully forgivable if paid back by December 31, 2022. Applications are expected to be open as early as next week for these loans.
Average Brokerage = Eligible for $40,000 in loans and $10,000 forgivable with early reimbursement of loan