Thank you for participating in the first webinar in our Financial Resources series, SBA Loans & Grants Available Under the New CARES Act. The recording of the webinar is now available for viewing online at:
https://zoom.us/webinar/register/WN_p9iFnxrjRDqI7cwP3XWnMA.
We had an overwhelming response to the program with close to 700 registered attendees and 250+ questions submitted. Below please find a partial list of resources referenced. We are also working on a series of follow up webinars next week on the Paycheck Protection Program (PPP) for (a) companies, (b) non-profits and (c) sole proprietors-contractors.
SBA Debt Relief Program - The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months for existing and new loans issued prior to September 27, 2020.
NOTE: It is recommended that you consult with your current financial institution first to determine if it is participating in the PPP program. You may also apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program.