FDIC: New SBA and Treasury Programs Available for Small Business Relief
April 03, 2020
April 03, 2020
WASHINGTON, April 3 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-33-2020):
Summary:
The FDIC is advising financial institutions of multiple forms of relief available in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to small businesses through programs administered by the Small Business Administration (SBA). The U.S. Department of the Treasury (Treasury) also offers small business loan programs. . . .
Summary:
The FDIC is advising financial institutions of multiple forms of relief available in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to small businesses through programs administered by the Small Business Administration (SBA). The U.S. Department of the Treasury (Treasury) also offers small business loan programs. . . .