March 27, 2020
Dear Friends of the Business Community:
At Stern & Eisenberg1, our attorneys and staff are committed to helping entrepreneurs and local businesses mitigate the devastating effects of the novel Coronavirus Disease (COVID- 19). Because our region was presidentially declared a disaster area, many businesses could qualify for an Economic Injury Disaster Loan (EIDL) through the Small Business Association (SBA). At interest rates not-to-exceed 4.00% per year, an EIDL loan offers up to $2,000,000.00 to meet financial obligations and operating expenses.
Stern & Eisenberg offers law related services, including loan packaging services for SBA Disaster Loans, to businesses throughout the country, as well as legal services to businesses located in a state where our attorneys are licensed to practice law. Our fees for loan packaging servcies are subject to the SBA guidelines2. Because our attorneys and staff routinely practice in the lending and financial industry, we are uniquely positioned to expeditiously package your loan application and mitigate further delay in obtaining critical funding for your business.
If you need assistance in applying for your SBA Disaster Loan, please contact us by sending an email to SBAloan@sterneisenberg.com. Alternatively, you may also contact one of our experienced attorneys, Steven K. Eisenberg or Zachary H. Champion, at (410) 635-5127 to inquire about application assistance.
Stern & Eisenberg, P.C.
1 Stern & Eisenberg is a full-service law firm providing legal services to our clients located throughout the country. We have attorneys licensed in NY, NJ, PA, DE, MD, WV, VA, DC and AL. For more information on the types of services we offer, please visit our website at www.sterneisenberg.com. Please mail all SBA loan-related correspondence to Attn: SBA Applications at 9920 Franklin Square Drive, Suite 100, Baltimore, MD 21236. This letter is an advertisement; it is not an agreement to provide legal services.
2 We can offer flat fee arrangements as an alternative to an hourly agreement. We work with our clients on reasonable fee arrangements and we adhere to the fee limits set forth in the SBA guidelines.