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SBA debt relief | U. S. Small Business Administration Initial debt relief assistance As a part of the CARES Act, SBA is authorized to pay six months of principal, interest, and any associated fees that borrowers owe for all 7 (a), 504, and Microloans reported in regular servicing status (excluding Paycheck Protection Program loans) This debt relief to borrowers was originally dependent on the loan being fully disbursed prior to September 27
COVID-19 relief options | U. S. Small Business Administration Other program information Access additional information about SBA’s current and past COVID-19 relief programs, including documents in other languages and debt relief for SBA loan borrowers impacted by the pandemic
Small Business Administration Announces Further Action to Help PPP and . . . The SBA remains committed to its core mission of supporting America’s small businesses and will make a significant effort to bring borrowers back into compliance before escalating collection activities For more information about SBA’s loan programs, financial assistance, and other services, visit sba gov
Search | U. S. Small Business Administration Crucial Lifeline to Borrowers Impacted by COVID-19 with Debt Relief WASHINGTON – As the U S Small Business … this critical time Congress charged the SBA with making debt relief payments (principal, interest and fee payments) … the newly enacted assistance
Manage your EIDL | U. S. Small Business Administration Payment assistance SBA offers programs to help small businesses handle short-term financial difficulties SBA allows eligible COVID-EIDL borrowers to reduce their payments by 50% for six months To apply, borrowers can request this help through the MySBA Loan Portal Eligible borrowers can take advantage of this program once every five years
COVID-19 Resources for Small Businesses | U. S. Small Business . . . For step-by-step help navigating SBA relief and loan programs – and for advice on how to manage other aspects of your business during this time – connect with a local SBA resource partner The SBA resource partner network (including SCORE, Small Business Development Centers, Women’s Business Centers, and Veterans Business Outreach Centers) is offering business consulting, mentoring, and