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Additional Assistance Available: Certain SBA Loan Subsidies Under the CARES Act

June 16, 2020 by Patrick Quinn

The Bottom Line For small businesses impacted by COVID-19 looking for additional financial assistance, the CARES Act set aside $17 billion for the SBA to subsidize payments of principal, interest and fees for six months under certain existing and new SBA loans. Notably, this benefit does not apply Continue Reading

Alert - June 16, 2020

U.S. Federal Government Proposes Various Changes to SBA Loan Programs to Assist Small Businesses Affected by Coronavirus

March 24, 2020 by Patrick Quinn

The Bottom Line To alleviate the economic hardships of COVID-19 on small businesses, the President signed into law the Coronavirus Preparedness and Response Supplemental Appropriations Act, which increased funding for the SBA’s Economic Injury Disaster Loan Program and declared COVID-19 a disaster Continue Reading

Alert - March 24, 2020

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