PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Senate Committee on Small Business & Entrepreneurship FAQ’s on CARES Act and COVID-19 SBA Loans

By at 30 March, 2020, 8:54 am

The Committee on Small Business & Entrepreneurship of the United States Senate has created a Frequently Asked Questions (FAQs) document on SBA loans related to the CARES Act and COVID-19. The document focuses largely on the new SBA 7(a) Paycheck Protection Program (PPP) loans, as well as issues related to Economic Injury Disaster Loans (EIDLS) and converting these into PPP loans. Read the FAQ here.

Read the Committee’s full guide for small business owners here.

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