• Magazine
    • Past Issues
    • Subscribe
    • Change Mailing Address
    • Surveys
    • Guidelines for Authors
    • Editorial Calendar
    • Editorial Deadlines
  • Practice
    • Business Tips
    • Chiropractic Schools
    • Clinical & Technique
    • eBooks
    • eCourses
    • Infographics
    • Quizzes
    • Wellness & Nutrition
    • Personal Growth
    • Podcast
  • Resource Centers
  • Products & Services
    • Buyer’s Guide
    • Products Directory
    • Submit a Product
    • Vendor Login
  • Datebook
    • Become an Events Poster
    • Post an Event
    • View Events
  • Jobs
    • Jobs
    • Post a Job
  • Advertise
    • Advertising Information
    • Media Kit
    • Contact Us
    • Upload Advertising

Your Online Chiropractic Community

Chiropractic Economics Your Online Chiropractic Community
Subscribe
  • Home
  • Current Issue
  • News
  • Webinars
  • Chiropractic Research
  • Students
  • Coronavirus (COVID-19)

Free Financial Health Professionals Small Business Guide

Chiropractic Economics April 2, 2020

A free Financial Health Professionals Small Business Guide has been made available for download, offering financial advice for chiropractors and small businesses in the wake of the coronavirus pandemic.

Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners, and the guide provides a roadmap for financial assistance.

The guide addresses:

  • The stimulus bill — EIDL & PPP loans (CARES loan)
  • Personal stimulus checks calculator
  • Tax efficiency strategies
  • Student loans changes
  • Personal financial help
  • Complimentary phone call link & contact info

The CARES Act includes a Paycheck Protection Program (PPP) which authorizes up to $349 billion of federally-guaranteed loans to qualifying small businesses. This new loan program is based on the architecture of the SBA’s existing 7(a) loan program and will make forgivable loans of up to $10 million available to qualifying small businesses.

Please note that businesses cannot get both EIDL and PPP loans at the same time. You can apply for the EIDL loan now and the PPP loan when it becomes available. If you qualify and accept the EIDL loan, and you subsequently qualify for the PPP loan, you can re-finance the EIDL loan with the PPP loan — or you can apply for both loans and decide which one you take if you qualify for both.

“You should file ASAP if you can,” says Kristin Bodnar, financial associate for Thrivent Financial. “The IRS has not said when they will start processing the checks, but it is likely to be soon. Filing a 2019 return is especially important for people who need to update their direct deposit information or for people who would not qualify for a check based on their 2018 tax return but would qualify based on their 2019 information.”

To download the free guide go to chiroeco.com/wp-content/uploads/2020/04/Health-Professionals-Financial-Guide-to-Business-Survival.pdf.

For the latest COVID-19 info for doctors of chiropractic, including upcoming webinars, updates, resources and articles from Chiropractic Economics, go to chiroeco.com/coronavirus-covid-19.

Related Posts

  • More chiropractic, small business loans possibly this week with $484 relief billMore chiropractic, small business loans possibly this week with $484 relief bill
  • COVID-19 news round-up: New PPP forgiveness, DC colleges look to open, moreCOVID-19 news round-up: New PPP forgiveness, DC colleges look to open, more
  • Small business economic relief opportunities from the COVID-19 CARES ActSmall business economic relief opportunities from the COVID-19 CARES Act
  • 2020 Survival Guide for Chiropractic Billing2020 Survival Guide for Chiropractic Billing
  • COVID-19 news round-up: DC resources, impact, long-term forecastsCOVID-19 news round-up: DC resources, impact, long-term forecasts
  • SBA disaster relief, tax credits, rebates for chiropractors: more webinarsSBA disaster relief, tax credits, rebates for chiropractors: more webinars

Filed Under: Chiropractic News, Coronavirus (COVID-19), News

Current Issue

Follow Us

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • YouTube logoYouTube logoYouTube

820 A1A N Highway W18,

Ponte Vedra Beach, FL 32082

Phone 904.285.6020

Fax 904.395.9118

CONTACT US »

Privacy Policy & Terms of Service

Copyright © 2021, All Rights Reserved

SUBSCRIBE TO THE MAGAZINE

Get Chiropractic Economics magazine
delivered to your home or office. Just
fill out our form to request your FREE
subscription for 20 issues a year,
including two annual Buyers Guides.

SUBSCRIBE NOW »

Latest Chiropractic News

  • Colorado allows chiropractors to give COVID-19 vaccine shots
  • American Chiropractic Association lauds U.S. Congress passing fair competition health legislation
    The American Chiropractic Association (ACA) lauded the U.S. Congress for passing legislation that will promote fair competition in health...
  • Logan University debuts new health center
    Logan University logo
x