If you have an outstanding SBA-serviced loan, you have an automatic 12-month deferment of principal and interest. This applies to existing 7(a), 504, 7(m), and disaster loans in “regular service” status on August 25, 2017. Deferral applies to those in areas eligible for federal disaster relief.
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health