We finally have our first glimpse of Congress’s Keeping Workers Paid and Employed Act. What an unusual time to be in SBA lending! I hope that this will pass and become law in the next two to three weeks. Here are the highlights:
I know many of you have had SBA 7a customers calling and asking for loan deferments. Below is a guide of how to document your loan file.
Topics: Small Business Lending, SBA Lending, COVID-19
There are many SBA developments amid the Coronavirus outbreak and several changes are being made to the SBA loan program. As changes continue to unfold, I will keep you informed.
Topics: Small Business Lending, SBA Lending, COVID-19