With the passing and signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on Friday, March 27, 2020, there is an abundance of information to interpret & share with our clients. For a bullet point version of the new legislature, please read here: CARES ACT and SBA Loans Synopsis. Other corresponding documents are provided on this NEWS page to provide you more in-depth details and specifics. Please take time to review the articles and how it relates to you and/or your business.
We’ve had many questions recently on the newly announced SBA Disaster Relief Loan process. This is a great product and we’re advising our clients in need to apply for it as quickly as possible. They’re offering business loans of up to $2 million, with an interest rate of 3.75% and at term lengths going out as long as 30 years.
Read more here: SBA Disaster Relief Loans