The Small Business Administration issued an Interim Final Rule related to “Business Loan Program Temporary Changes; Paycheck Protection Program.” This Rule is effective on publication in the Federal Register and applies until...more
When the CARES Act was signed into law on March 27, 2020 it not only included the Paycheck Protection Program, but also expanded the Economic Injury Disaster Loan Program.
This expansion includes the following...more
Paycheck Protection Program
- These loans are going to be made by banks, credit unions and some other lenders, guaranteed 100% by the SBA.
- Eligible borrowers are any business concern, nonprofit, veterans...more
As of March 20, 2020, the U.S. Small Business Administration (SBA) has approved an Economic Injury Disaster Loan Declaration for all of Oklahoma’s 77 counties to help alleviate the economic injury suffered by your small...more