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SBA & TREASURY BEGIN UNPRECEDENTED PULIC-PRIVATE MOBILIZATION TO DISTRIBUTE FUNDS

  Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need. The CARES … Continued

Senate passes $2 trillion Covid-19 relief bill

Senate Passes $2 Trillion Coronavirus Relief Bill Late Wednesday, March 25, 2020—after days of debate—the Senate approved a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting in the House of Representatives is expected Friday. The package is the largest … Continued

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