The CARES Act has passed. The historic stimulus package includes important provisions for small businesses, including: • Paycheck Protection Program (SBA 7(a))—Business loans up to $10M will be made directly by private, local banks and CDFIs, to enhance the speed of processing and delivery. Interest rates are capped at 4%. The loans, if used on
BRAC: Here’s what’s in the CARES Act for small businesses
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
