NEW Notice: SBA Debt Relief Program

NEW Notice: SBA Debt Relief Program

As part of SBA’s debt relief efforts, under section 1112 of the CARES Act:

The SBA will automatically pay the principal, interest, and certain fees of current 7(a), 504, and microloans for a period of six months. The SBA will also automatically pay the principal, interest, and fees of NEW 7(a), 504, and microloans issued prior to September 27, 2020.

Read the SBA Procedural Notice for guidance >
More on SBA Debt Relief Program >

Author: Mashpee Chamber of Commerce

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