Small Business Administration Releases Guidelines For Stimulus Loans Hours Before Planned Launch. Banks Aren’t Ready. |
April 03, 2020 | April 2020 Bond Updates |
Small businesses can take out forgivable loans to cover payroll and overhead under the new CARES Act, but banks were caught unawares by the initiative. “It’s utter chaos.” |
View more at: https://www.forbes.com/sites/sarahhansen/2020/04/02/small-business-administration-releases-guidelines-for-stimulus-loans-hours-before-planned-launch-banks-arent-ready/ |
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