With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds
… point-of-contact for small businesses – the application, loan processing, and disbursement of funds will all be … SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day. The loans will be … industries Maximum loan amount up to $10 million Loan forgiveness if proceeds used for payroll costs and other …