SHOPNoble just confirmed, with an email from the Small Business Administration (SBA), what we have been hearing from entrepreneurs who have recently been posting YouTube videos explaining why now is a great time to enhance or establish a small business.
The announcement reads:
"As part of our coronavirus debt relief efforts, the SBA is paying six months of principal, interest, and any associated fees for current and new SBA-backed loans disbursed before September 27 in the agency’s most popular loan programs (7(a), 504, and Microloan).
Note: If you’re seeking a loan to cover fixed assets such as furniture, real estate, machinery, equipment, construction, and/or remodeling, you may need to have information to your lender by August 7 for the loan to be processed in time.
Learn more about starting or growing your small business with an SBA-guaranteed loan and start the process now to take advantage of six months of debt relief.
Don’t delay! Talk to your lender today to take advantage of this debt relief!"