Washington, Jan. 10, 2021 (GLOBE NEWSWIRE) — As the U.S. Small Business Administration continues implementation of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, signed into law by President Trump on Dec. 27, 2020, SBA Administrator Jovita Carranza made the following statement in regards to Section 325:
Small business is big business in America, and this Administration will continue to extend a lifeline to small business owners during this critical time. Congress charged the SBA with making debt relief payments (principal, interest and fee payments) under Section 1112 of the CARES Act to help borrowers in SBAs 7(a), 504 and Mi…
Read the full article at: https://www.globenewswire.com/news-release/2021/01/11/2155882/0/en/SBA-Extends-Crucial-Lifeline-to-Borrowers-Impacted-by-COVID-19-with-Debt-Relief.html