[Michael Slabitcher]

Clients are asking me to complete the SBA Disaster Loan application for them.

They are offering to pay me for this service as well.

Are we allowed to charge for this service? If so, what's a fair dollar amount?

[Advance Smart]

We attended the 1pm conference call they held regarding this program. I took notes as fast as I could and put this together for everyone real quick so excuse the format but at least we all have the info we need in one place. I would like to share it with all of you.

[Michael Slabitcher]

Capture.JPG

What's the difference in processing time between applying online and doing it manually by filling out the forms and mailing them?

[WestCoastFunding]

Capture.JPG

What's the difference in processing time between applying online and doing it manually by filling out the forms and mailing them?

No idea. But SMH at the site being down. The disaster loan program has been nothing short of a ****ing mess.

[Kevin Henry-Seacoast]

No idea. But SMH at the site being down. The disaster loan program has been nothing short of a ****ing mess.

Because everyone and the cat's ferret is trying to get one....... If you can't even get on their website, what are the odds of actually getting access to capital.

[WestCoastFunding]

Because everyone and the cat's ferret is trying to get one....... If you can't even get on their website, what are the odds of actually getting access to capital.

Here’s the best part: although there’s been talk of $50B for the disaster loan program, only $9B was allocated with over 600,000 applicants. That’s like $15K per applicant. Granted, of course all won’t qualify but the way they are claiming “up to $2M” is nonsense.

[Kevin Henry-Seacoast]

Here’s the best part: although there’s been talk of $50B for the disaster loan program, only $9B was allocated with over 600,000 applicants. That’s like $15K per applicant. Granted, of course all won’t qualify but the way they are claiming “up to $2M” is nonsense.

600,000 applicants to process...... let that sink in. Time is not a business owner's friend right now. Get them solutions with certainty to close.

[Franklin]

Same thing happened during Hurricane Sandy in 2012, 2013.

[cmarks]

Rubio just posted this:
"
Keeping American Workers Paid and Employed Act
The Keeping American Workers Paid and Employed Act would provide $377 billion to help prevent workers from losing
their jobs and small businesses from going under due to economic losses caused by the COVID-19 pandemic.
The Paycheck Protection Program would provide 8 weeks of cash-flow assistance through 100 percent federally guaranteed
loans to small employers who maintain their payroll during this emergency.
If the employer maintains its payroll, then the portion of the loan used for covered payroll costs, interest on mortgage obligations, rent, and utilities would be forgiven,which would help workers to remain employed and affected small businesses and our economy to recover quickly from this crisis.
This proposal would be retroactive to February 15, 2020 to help bring workers who may have already been laid
off back onto payrolls.

-Paycheck Protection Program
The bill would provide $350 billion to support loans through a new Paycheck Protection Program for:
Small employers with 500 employees or fewer, as well as those that meet the current Small Business Administration
(SBA) size standards;
Self-employed individuals and “gig economy” individuals; and
Certain nonprofits, including 501(c)(3) organizations and 501(c)(19) veteran organizations, and tribal business
concerns with under 500 employees.
The size of the loans would equal 250 percent of an employer’s average monthly payroll. The maximum loan amount
would be $10 million.
Covered payroll costs include salary, wages, and payment of cash tips (up to an annual rate of pay of $100,000);
employee group health care benefits, including insurance premiums; retirement contributions; and covered leave.

The cost of participation in the program would be reduced for both borrowers and lenders by providing fee waivers, an
automatic deferment of payments for one year, and no prepayment penalties.
Loans would be available immediately through more than 800 existing SBA-certified lenders, including banks, credit
unions, and other financial institutions, and SBA would be required to streamline the process to bring additional
lenders into the program.
The Treasury Secretary would be authorized to expedite the addition of new lenders and make further enhancements
to quickly expedite delivery of capital to small employers.
The maximum loan amount for SBA Express loans would be increased from $350,000 to $1 million. Express loans
provide borrowers with revolving lines of credit for working capital purposes.

Emergency EIDL Grants
The bill would expand eligibility for entities suffering economic harm due to COVID-19 to access SBA’s Economic Injury
Disaster Loans (EIDL), while also giving SBA more flexibility to process and disperse small dollar loans.
The bill would allow businesses that apply for an EIDL expedited access to capital through an Emergency Grant—an
advance of $10,000 within three days to maintain payroll, provide paid sick leave, and to service other debt obligations.
$10 billion would be provided to support the expanded EIDL program.

[Steven_O]

Rubio just posted this:
"
Keeping American Workers Paid and Employed Act
The Keeping American Workers Paid and Employed Act would provide $377 billion to help prevent workers from losing
their jobs and small businesses from going under due to economic losses caused by the COVID-19 pandemic.
The Paycheck Protection Program would provide 8 weeks of cash-flow assistance through 100 percent federally guaranteed
loans to small employers who maintain their payroll during this emergency.
If the employer maintains its payroll, then the portion of the loan used for covered payroll costs, interest on mortgage obligations, rent, and utilities would be forgiven,which would help workers to remain employed and affected small businesses and our economy to recover quickly from this crisis.
This proposal would be retroactive to February 15, 2020 to help bring workers who may have already been laid
off back onto payrolls.

-Paycheck Protection Program
The bill would provide $350 billion to support loans through a new Paycheck Protection Program for:
Small employers with 500 employees or fewer, as well as those that meet the current Small Business Administration
(SBA) size standards;
Self-employed individuals and “gig economy” individuals; and
Certain nonprofits, including 501(c)(3) organizations and 501(c)(19) veteran organizations, and tribal business
concerns with under 500 employees.
The size of the loans would equal 250 percent of an employer’s average monthly payroll. The maximum loan amount
would be $10 million.
Covered payroll costs include salary, wages, and payment of cash tips (up to an annual rate of pay of $100,000);
employee group health care benefits, including insurance premiums; retirement contributions; and covered leave.

The cost of participation in the program would be reduced for both borrowers and lenders by providing fee waivers, an
automatic deferment of payments for one year, and no prepayment penalties.
Loans would be available immediately through more than 800 existing SBA-certified lenders, including banks, credit
unions, and other financial institutions, and SBA would be required to streamline the process to bring additional
lenders into the program.
The Treasury Secretary would be authorized to expedite the addition of new lenders and make further enhancements
to quickly expedite delivery of capital to small employers.
The maximum loan amount for SBA Express loans would be increased from $350,000 to $1 million. Express loans
provide borrowers with revolving lines of credit for working capital purposes.

Emergency EIDL Grants
The bill would expand eligibility for entities suffering economic harm due to COVID-19 to access SBA’s Economic Injury
Disaster Loans (EIDL), while also giving SBA more flexibility to process and disperse small dollar loans.
The bill would allow businesses that apply for an EIDL expedited access to capital through an Emergency Grant—an
advance of $10,000 within three days to maintain payroll, provide paid sick leave, and to service other debt obligations.
$10 billion would be provided to support the expanded EIDL program.

And... is anyone interested in the domain: disasterloanshelp.com?

Or is everyone just going to watch the entire country get free money and not find a way to gather data/monetize/leverage themselves into the next bull market?

Make me an offer.

[Kevin Henry-Seacoast]

And... is anyone interested in the domain: disasterloanshelp.com?

Or is everyone just going to watch the entire country get free money and not find a way to gather data/monetize/leverage themselves into the next bull market?

Make me an offer.

You have not figured it out yet..... No advisor or broker is going to make any real money getting involved here. You are wasting your time and energy. It might help the small business owner that needs less than $100K over several months to float payroll. If you think for a minute you are going to make or be allowed to make large commissions here.....you are dreaming.

[Steven_O]

You have not figured it out yet..... No advisor or broker is going to make any real money getting involved here. You are wasting your time and energy. It might help the small business owner that needs less than $100K over several months to float payroll. If you think for a minute you are going to make or be allowed to make large commissions here.....you are dreaming.

I don't think it would be a play that some MCA broker would want to do (no huge, next-day double-digit commissions)... but in the short term, maybe it could serve someone who thinks different.

In either case, it's up for sale. I'd like to sell it. Hello opportunists!

[JasonBishop]

I don't think it would be a play that some MCA broker would want to do (no huge, next-day double-digit commissions)... but in the short term, maybe it could serve someone who thinks different.

In either case, it's up for sale. I'd like to sell it. Hello opportunists!

Steve-O I don't think this domain has any value to it as it stands. There may be an opportunity there if there were a pre-existing site to it with some content. So the short term opportunity isn't really there because you still need to get traffic to it which would involve ppc advertising. This same strategy could be used with any newly purchased url and have the same impact in the short term. Domain Names alone do not carry the same weight as they used to like in the dotcom boom in the late 90's.

[Yankeeman07]

Currently This Premium Domain is Available for Sale: www.sbadisasterloan.com - $8888.00

This Domain Has Zero Content - Zero Traffic - There may be a company out there that has a plan
to monetize this purchase.

[HDF]

Currently This Premium Domain is Available for Sale: www.sbadisasterloan.com - $8888.00

This Domain Has Zero Content - Zero Traffic - There may be a company out there that has a plan
to monetize this purchase.

You are asking nearly franchise entry fee level prices on this ****. Open a Chick-Fil-A or a Dominos in under-served areas (loose example). Or if you have an itch to invest, regional virtual yoga.

[Yankeeman07]

You are asking nearly franchise entry fee level prices on this ****. Open a Chick-Fil-A or a Dominos in under-served areas (loose example). Or if you have an itch to invest, regional virtual yoga.

I just love people that speak when they are clueless - that is the price for that particular Premium Domain listed by SRS Plus which is a Network Solutions Company. - Please tell me you know whom Network Solutions is?
They are the Worlds 1st Domain Provider - and they sell Premium Domains with Zero Traffic - Zero Content
https://www.networksolutions.com/

[WestCoastFunding]

I just love people that speak when they are clueless - that is the price for that particular Premium Domain listed by SRS Plus which is a Network Solutions Company. - Please tell me you know whom Network Solutions is?
They are the Worlds 1st Domain Provider - and they sell Premium Domains with Zero Traffic - Zero Content
https://www.networksolutions.com/

Website's value isn’t what it’s listed as, but what it sells for.

[HDF]

I just love people that speak when they are clueless - that is the price for that particular Premium Domain listed by SRS Plus which is a Network Solutions Company. - Please tell me you know whom Network Solutions is?
They are the Worlds 1st Domain Provider - and they sell Premium Domains with Zero Traffic - Zero Content
https://www.networksolutions.com/

Firstly, you didn't read my reply with any alertness to the point. Next, NetSol puts arbitrary prices (high) on even the lamest domains. Sorry that you rely on that service.
Finally, nobody, nobody is buying a domain like that without a business that has proved concept by now. Discretionary dollars are pivoting to good ideas not starting with domains. This isn't 1999.

[Yankeeman07]

Firstly, you didn't read my reply with any alertness to the point. Next, NetSol puts arbitrary prices (high) on even the lamest domains. Sorry that you rely on that service.
Finally, nobody, nobody is buying a domain like that without a business that has proved concept by now. Discretionary dollars are pivoting to good ideas not starting with domains. This isn't 1999.

Stay in the MCA world since your knowledge is quite limited within the Domain Name Business.

[COLOR=rgba(0, 0, 0, 0.9)]Wisdom of living large. Sold [/COLOR]

WisdomOfLiving.com

[COLOR=rgba(0, 0, 0, 0.9)] $19,888. Purchased 6/9/12 $8.[/COLOR]

https://www.linkedin.com/posts/microman_wisdom-of-living-large-sold-wisdomoflivingcom-activity-6643521896468013057-dXuj

[Michael Slabitcher]

Capture 2.JPG

[Michael Slabitcher]

https://disasterloan.sba.gov/apply-f...oan/index.html

[cmarks]

They are probably adjusting terms and limits to reflect whats being passed in the bill.

[JasonBishop]

Hey Dave,

Totally appreciate that and didnt mean to pry. I'm a believer of people that show proof of concept on paper rather than just saying so. Many people look at numbers vs details. I felt if you showed some level of example of your domain selling profitability perhaps you could mentor others. No harm meant. If I pumped leads that convert at x amount i presume people would ask me how and why I say that. No harm meant. Thanks Dave.

[Yankeeman07]

Invest some time and learn & if the light bulb goes off you may want to participate:
Virtual Real Estate is big business - each domain is unique

Cannabis is a large business and will continue to grow each year. Some reports predict that in several years that
it will be in the range of $25 Billion - With any growing industry, there will be disputes and people will be seeking legal advice.

I own 2 Premium Domains and they are for sale/lease - that a lawyer, law firm, branding/marketing agency, or a company that generates leads for lawyers may be find useful for Organic SEO - Currently all major search engines and social media do not allow advertising and some Bar Associations limit how an Attorney can promote their services.

www.usacannabis.attorney
www.usacannabis.lawyer


Research Material:

Go Daddy Auctions Domains

https://www.godaddy.com/auctions/domain-auctions?isc=goodnag01e&gclid=EAIaIQobChMI0eXrkqK8 6AIVQV8NCh1ogwm1EAAYAiAAEgJKivD_BwE&gclsrc=aw.ds

Domain Guide For Beginners:

https://www.whoishostingthis.com/blog/2014/02/25/a-beginners-guide-to-domain-auctions/

Domain Auction Sites:
https://hosting.review/tutorial/domain-auction-sites/

[JasonBishop]

Invest some time and learn & if the light bulb goes off you may want to participate:
Virtual Real Estate is big business - each domain is unique

Cannabis is a large business and will continue to grow each year. Some reports predict that in several years that
it will be in the range of $25 Billion - With any growing industry, there will be disputes and people will be seeking legal advice.

I own 2 Premium Domains and they are for sale/lease - that a lawyer, law firm, branding/marketing agency, or a company that generates leads for lawyers may be find useful for Organic SEO - Currently all major search engines and social media do not allow advertising and some Bar Associations limit how an Attorney can promote their services.

www.usacannabis.attorney
www.usacannabis.lawyer


Research Material:

Go Daddy Auctions Domains

https://www.godaddy.com/auctions/domain-auctions?isc=goodnag01e&gclid=EAIaIQobChMI0eXrkqK8 6AIVQV8NCh1ogwm1EAAYAiAAEgJKivD_BwE&gclsrc=aw.ds

Domain Guide For Beginners:

https://www.whoishostingthis.com/blog/2014/02/25/a-beginners-guide-to-domain-auctions/

Domain Auction Sites:
https://hosting.review/tutorial/domain-auction-sites/

Thanks Dave. I appreciate the insight. Again. Post your auction account of how much you sold on your portfolio and put all doubt to rest. You can run the show here on domain acquisition. Show me some numbers that you personally have gained from these assets and i would be be extremely excited to buy them.