While the SBA Microloan Program funds the microloans, an intermediate lender, typically a nonprofit community development corporation, handles the bulk of the work. The lender maintains the loan, distributes loan funds, and processes applications. With direction from the SBA Microloan Program, each i...
Under Section 1112 of the CARES ACT, if SBA.GOV decides to make up to 6 months (could be less time), of your qualified monthly loan payments (principal, interest, associated fees) on a qualified loan (they are not referring to...
(SBA loan rules). To address this reference related to NAICS 72 businesses, the PPP Affiliation Guidance states in a footnote that "the affiliation rules contained in section 121.301 also do not apply to these types of entities." Instead of adding similar...
"It's not that their business model is bad; it's that they don't have customers walking into their stores right now. "This type of loan will help tide them Portions of this special publication were produced in partnership with the San Diego Regional Chamber of Commerce and the San Diego...