SMALL BUSINESS ADMINISTRATION – PAYMENT RELIEF
June 17, 2020
0 Comments
As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020.
For those still seeking to take advantage of the SBA 504 program, contact BLP staff for more information.
SBA will begin making payments with the first payment due on the loan and will make six monthly payments.
SBA will begin making payments with the next payment due on the loan and will make six monthly payments.
SBA will begin making payments with the next payment due after the
deferment period has ended, and will make six monthly payments.