Between now and the end of September, the government will pay your first three monthly payments, up to $9k a month. In addition, all guarantee fees are waived, which generally run at 2.5% of the total loan amount.

The primary uses of SBA loans are to acquire or refinance owner-occupied real estate, restructure or recapitalize current debt, acquire a business or buy out a partner, or growth capital. The maximum loan amounts are up to $5 Million for working capital projects and up to $12.8 M for real estate and equipment projects.

If you would like to learn more about the program and how you can benefit, please join us for an "Aminar" on May 12th at 1pm EST, or sign up for our on-demand SBAignite learning.