How Does the New COVID Relief Bill Affect SBA Borrowers?

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EXCITING NEWS!

The new COVID Relief Bill went into effect February 1, 2021.  Now is the time to let us help you write your next chapter with an SBA 7(a) & 504 Loan.

WHAT DOES THIS MEAN FOR SBA BORROWERS?

  • All program fees for new borrowers have been waived resulting in borrower savings!
  • For SBA loans approved February 1, 2021 through September 30, 2021, the SBA will make the first three monthly payments of principal and interest on behalf of the borrower, subject to a $9,000 per month cap and availability of funds.

For More Information
Contact One of Our SBA Lenders

Sherwin Patidar Headshot

Sherwin Patidar

Senior Business Development Officer
312.805.2726

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Tony Holtzman

Senior Business Development Officer 317.502.8547

Headshot of Tony Boddie

Tony Boddie

Senior Business Development Officer
937.361.8474

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