The U.S. Small Business Administration has announced more information regarding the details of the $349 billion loan/ assistance program to assist small businesses who have been touched by the coronavirus pandemic.
The loan program is part of the $2 trillion stimulus package signed into law by the President.
All loans under this program will have an interest rate of 0.5 percent, and a maturity of two years. The first payment is deferred for six months with a 100 percent guarantee by SBA. For more information
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