Additional Help for SBA Borrowers Offered by the Continued Loan Payment Subsidies
The subsidy of Small Business Administration (“SBA”) loan repayments offered by the CARES Act has been extended by the newly enacted Economic Aid to Hard Hit Small Businesses, Non-Profits and Venues Act (the “Act”). For existing SBA borrowers with currently serviced loans, the government will now pay principal, interest and fees for those loans for an additional […]