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Barbara Weltman

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SBA Loan Deferment for Hurricane Harvey Victims

September 5, 2017 / By Barbara Weltman

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.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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