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158: SBA Loans PPP & EIDL Covid Bailouts Jessica Mah inDinero

Young Wealth by The Jason Hartman Foundation

Release Date: 04/20/2020

212: How Gen Y Entrepreneurs Are Rocking The World of Business! show art 212: How Gen Y Entrepreneurs Are Rocking The World of Business!

Young Wealth by The Jason Hartman Foundation

Listen in at: http://jasonhartmanfoundation.org/articles/young-wealth-show     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Call our Investment Counselors at: 1-800-HARTMAN (US) or visit:  Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else:  CYA Protect Your Assets, Save Taxes & Estate Planning: Get wholesale real estate deals for investment or build a great business – Free Course:  Special Offer from Ron LeGrand: Free Mini-Book on Pandemic Investing:

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211: Young Guns with Rob Tuchman show art 211: Young Guns with Rob Tuchman

Young Wealth by The Jason Hartman Foundation

There is no better time to take risks - especially when it comes to making career choices - than when you are young. Author and entrepreneur Roberts Tuchman knows what it takes to break free of a frustrating job and build a career on your own terms. In his recent authored work, Young Guns, he [...]

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210: Young Wealth At A Young Age show art 210: Young Wealth At A Young Age

Young Wealth by The Jason Hartman Foundation

Listen in as Jason interviews Jon Swartz about successful teens.

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209: The Young Wealth Show Talks With One Of Jason’s Listeners show art 209: The Young Wealth Show Talks With One Of Jason’s Listeners

Young Wealth by The Jason Hartman Foundation

On this show, Jason talks with one of his listeners, Damien Bourke, about the challenges of growing up in today's economy.

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208: Rich By 30! Jason Interviews Author Lesley Scorgie show art 208: Rich By 30! Jason Interviews Author Lesley Scorgie

Young Wealth by The Jason Hartman Foundation

Jason interviews, Lesley Scorgie, the author of Rich by Thirty: A Young Adult’s Guide To Financial Success, a national bestselling personal finance book geared towards young people.  Listen at: http://www.jasonhartmanfoundation.org/articles/young-wealth-show/.  When Lesley was only 17 she was a guest on the Oprah Winfrey Show where she discussed financial strategies for young people and revealed her [...]

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207: The Eleven Commandments of Financial Success show art 207: The Eleven Commandments of Financial Success

Young Wealth by The Jason Hartman Foundation

On this episode, you'll hear the eleven commandments of financial success. Visit: http://www.youngwealth.com.

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206: How To Start Building Your Credit show art 206: How To Start Building Your Credit

Young Wealth by The Jason Hartman Foundation

Listen in as Jason talks with credit expert Danny Rosario on how to start building your credit. Visit: http://www.youngwealth.com

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205: Financial Planning with Jim Lowell show art 205: Financial Planning with Jim Lowell

Young Wealth by The Jason Hartman Foundation

Listen in as Jason interviews financial planner Jim Lowell on The Young Wealth Show. Visit http://www.jasonhartmanfoundation.org

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204: The Three C’s of Financial Success show art 204: The Three C’s of Financial Success

Young Wealth by The Jason Hartman Foundation

Introduction Life as a young adult can be very confusing and chaotic.  In the midst of completing your formal education and beginning a career, there is a constant level of uncertainty concerning what will transpire in the future.  At the Jason Hartman Foundation, we are specifically concerned with helping young adults develop the necessary skills [...]

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203: Dr. Peter McCullough, Mandates, Misinformation, Censorship & The Thought Police show art 203: Dr. Peter McCullough, Mandates, Misinformation, Censorship & The Thought Police

Young Wealth by The Jason Hartman Foundation

Join Jason today as he welcomes Dr. Peter McCullough, MD. Dr. McCullough has over 50 peer-reviewed papers and is an extremely credible person in the medical field. You can also watch the video NOT on YouTube (having been censored) but on Jason’s other video sites: After receiving a bachelor’s degree from Baylor University, Dr. McCullough completed his medical degree as an Alpha Omega Alpha graduate from the University of Texas Southwestern Medical School. He went on to complete his internal medicine residency at the University of Washington, cardiology fellowship including service as...

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More Episodes

Beware of the 'invisible tax,' inflation. Jason Hartman discusses inflation, poverty, and work-from-home lifestyle and advantages. In these challenging times, what professionals are able to stay optimistic? How are the elites transferring wealth?

In part II of today’s show, Jason interviews Jessica Mah, founder of inDinero. Tune in for pro-tips on loan approval for PPP & EIDL. How can you optimize your time with loan delays, and get ahead of the game? And, don’t forget to prep for the end-game of these loans, will they be forgiven? Follow the rules and we shall see. 

Key Takeaways:

[3:15] There are two types of taxation that we are paying: 1) The tax that we see, income tax, sales tax, etc 2) The inflation tax, which destroys the purchasing power of our money

[7:30] People are being driven into poverty in this quarantine, making it very difficult for some to adjust to the work-from-home lifestyle

[13:30] “Tis the set of the sails, And not the gales, Which tell us the way to go.” -Ella Wheeler Wilcox

[16:00] How are the elites transferring wealth?

[19:30] Jessica Mah, founder of inDinero, helping entrepreneurs run better businesses

[20:50] PPP has run out? Only 6% of all applications have been approved by the SBA and funded. 

[21:15] The SBA is saying the best option is to use the bank you are already with, although Jessica has seen more success getting a loan through smaller regional banks

[23:15] Have you seen success in getting loans with brokers?

[25:30] Every bank is accepting PPP & EIDL applications even though they’re both on hold due to running out of money

[26:45] How can you be successful at getting your slice of the bailout pie?

[18:30] Pro-Tips: Show your work; have an excel spreadsheet that shows how you came to your figures

[30:30] How difficult is the one-page application? 

[31:00] The Magic Question, “What is all of the information you need from me in order for the bank to formally process my loan application and submit it to the SBA?”

[34:00] This loan could be forgiven if properly played out

[38:00] Encouraged to apply for PPP & EIDL, but PPP is the better of the two options for covering big payroll sheets

Websites:

Blog.indinero.com

[email protected]

www.PandemicInvesting.Com

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN