The fresh CARES Operate has such federally recognized funds to greatly help brief enterprises shell out their staff from inside the COVID-19 pandemic
New Coronavirus Services, Relief, and Monetary Safeguards Operate (“CARES Work”) authorizes banks and you can loan providers to provide up to $349 million inside potentially forgivable money so you’re able to small businesses underneath the Small business Administration’s (“SBA”) Salary Security Program. Which bulletin set forward the appropriate recommendations individual schools need find out about this type of SBA financing.
That is Qualified to receive SBA Financing? 501(c)(3) nonprofit teams that have […]