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The March 2020 Coronavirus Aid, Relief, and Economic Security
Act ( CARES Act ) created enormous incentives for
companies to apply for economic stimulus funding and grants to
alleviate the devastating economic impacts from the worldwide
pandemic. Until recently, the U.S. Department of Justice
( DOJ ) focused mainly on filing criminal actions against
individuals who allegedly committed fraud and made false statements
in connection with CARES Act stimulus funds, in particular criminal
fraud cases involving the Small Business Administration Paycheck
Protection Program ( PPP ). But a recent PPP enforcement
WASHINGTON, D.C. – The U.S. Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022.
All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.
All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 18-months from the date of the note.
Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers. Borrowers will resume their regular payment sch
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
How to Apply for the New COVID-19 Relief Explained by Delaware SBA With Free Webinar Hosted by .
360Wise MediaMarch 12, 2021 GMT
MIAMI, March 12, 2021 (GLOBE NEWSWIRE) The U.S. Small Business Administration’s (SBA) Delaware Office will conduct a free webinar hosted by 360WISE and Wilmington District United Methodist Church. This free webinar will outline the Economic Aid Act’s Small Business Support Programs, including the re-launched Paycheck Protection Program (PPP), the Shuttered Venue Operators Grant, the SBA Debt Relief Program, and the Economic Injury Disaster Loan (EIDL) Program, including the Targeted EIDL Advance.
How to Apply for the New COVID-19 Relief Explained by Delaware SBA With Free Webinar Hosted by 360WISE Events and UMC forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
PPP 2.0 and Related Business Programs | Gray Reed jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.