Today seems to be a tough day all around, especially for those of you who haven’t heard whether you’ll be receiving Economic Injury Disaster Loan (EIDL) or Paycheck Protection Program (PPP) funds, or those of you who heard that the funds ran out before you were funded. I asked ABA’s advocacy team to respond to questions today to get you answers and help you assess where you’re at:
How do I find out the status of my applications?
I read something this weekend that said that those who do best under the worst conditions aren’t those who are hopeful, but those who are practical. On days like today, I recommend a little bit of both. Hopefully we’ll have some good news this week about a second round of relief. In the meantime, focus on what you can do to be in line for it, and work on the plan for what happens either way.
And whatever you need to figure it out, ABA is here for you. Please reach out if there is anything we can help with. We are an incredibly creative, resilient, supportive industry. We’ll get through this, together.