This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Sba Loan Forgiveness For Covid In King
Category:
State:
Multi-State
County:
King
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
Description
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FAQ
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
COVID-19 EIDL is not forgivable.
More info
Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Content. Where to apply for loan forgiveness.Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis. Several new categories of forgivable expenses have been added to the PPP loan program. Small business; Small agricultural cooperative; Most private nonprofit organizations. Apply for a non-COVID EIDL relief loan from SBA. Do not submit this Checklist with your SBA Form 3508EZ. Second Draw PPP loans can be used to help fund payroll costs, including benefits. 2020 and 2021, along with an SBA Economic Injury Disaster Loan . The CARES Act creates a new Small Business Administration (SBA) loan program designated as the "Paycheck Protection Program.