SBA 6 Month Relief – Tuesday, March 31, 2020 1:52PM

If you have an existing SBA loan taken out prior to 3/27/20, unrelated to the COVID crisis, the CARES Act provides a subsidy for loan payments whereby the SBA will pay the principal, interest and associated fees for 6 months.  This is alleged to be automatic relief but we would encourage you to reach out to your lender for details and confirmation.