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SMALL BUSINESS LOANS

5/30/2020

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Picture
PictureSteven T. Mnuchin
U.S. Treasury Secretary Steven T. Mnuchin and SBA Administrator Jovita Carranza issued the following statement on the Paycheck Protection Program:
“The Paycheck Protection Program is providing critical support to millions of small businesses and tens of millions of hardworking Americans.
“We have noted the large number of companies that have appropriately reevaluated their need for PPP loans and promptly repaid loan funds in response to SBA guidance reminding all borrowers of an important certification required to obtain a PPP loan. 
To further ensure PPP loans are limited to eligible borrowers, the SBA has decided, in consultation with the Department of the Treasury, that it will review all loans in excess of $2 million, in addition to other loans as appropriate, following the lender’s submission of the borrower’s loan forgiveness application. Regulatory guidance implementing this procedure will be forthcoming.
“We remain fully committed to ensuring that America’s workers and small businesses get the resources they need to get through this challenging time.”
Learn more about #COVID19 relief options for small businesses. https://www.sba.gov/coronavirusrelief

Three ways to stay connected to your SBA regional and district offices:
Use the local assistance tool to find an office near you: https://www.sba.gov/local-assistance
Enter your zip code for email updates: https://www.sba.gov/updates
Follow them on Twitter: https://twitter.com/i/lists/921168680087703552

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Del Rio Hispanic
Chamber of Commerce

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  • Home
    • NEWSLETTERS
  • DRHCC News
  • Board Members
  • Member Directory
  • Spotlight
  • Ribbon Cuttings
    • EVENTS >
      • 2018 >
        • JAN 2018
        • FEB 2018
        • MARCH 2018
        • APRIL 2018
        • JULY 2018
        • AUGUST 2018
        • DECEMBER 2018
      • 2017 >
        • Dec 2017
        • Nov 2017
        • 2017
      • Past Events >
        • Masquerade Ball 2017
        • DRHCC 2016 GALA
        • Gutierrez Scholarship Dance
        • 2015 Gutierrez Fundraiser
        • 2015 USBP Women's Seminar
        • 2014 Gala
        • DRHCC 2014 Boofest
        • 2014 Fair & Cookoff
        • 2014 Candidates Forum
        • 2014 Scholarship Dance
  • Membership
  • Contact Us