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 … on the payroll and for certain other expenses.” The new loan program will help small businesses with their payroll …