Debt Relief for Existing and New SBA Borrowers

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April 14, 2020

by a searcher from Institut d'Etudes Politiques de Paris (Sciences Po) in Pasadena, CA, USA

Searchers,

A lot has happened in the self-funded community over the past few weeks. Under a provision of the new CARES act, SBA will cover all loan payments for existing SBA borrowers, including principal, interest, and fees, for six months. This relief is also available to new borrowers who take out an SBA loan within six months after March 27, 2020. Is anyone in the process of acquiring a target using this relief?



#Corona

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Reply by a searcher
from Georgetown University in Bettendorf, IA, USA
Question for the group, when it says fees does that include origination? If not, what kind of fees would it be referring to?
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