Category: SBA
The Small Business Administration has provided a Loan Application and Borrower Information Sheet for the PPP loans. Links to those two documents are provided. Applications for SBA PPP loans can be received by a Lender on April 3, 2020. Also, the loan rate has been set to 0.5% with a…
The final wording of the CARES act has been passed by the House vote and is expected to be signed into law by the President. All signs point to approval without further changes and the funding of the program by the end of next week. The legislation underwent several changes…
The United States Small Business Administration has authorized assistance to small business owners through SBA for qualifying businesses who are suffering economically from the effects of the COVID-19 virus. Unfortunately, many small businesses may not be eligible for the economic relief provided directly from the SBA through the Disaster Loan…
