Coronavirus UpdateMarch 17, 2020
The Cares Act passed the Paycheck Protection loan to assist small businesses in keeping workers employed during the coronavirus pandemic. Determine if your business is eligible, what lenders will be looking for, how much you can borrow, and what will be forgiven by using the Small Business Owner’s Guide to the CARES Act.
The SBA 7(a) loan (Paycheck Protection Program) applications have now been released from SBA. If you are a small business or self-employed, in need of this financial assistance, please contact your local lender.