The U.S. Small Business Administration (SBA) has provided additional guidance regarding the $10,000 forgivable loan advance in accordance with the CARES Act. To be eligible for the $10,000 forgivable loan advance, businesses will need to complete the new application that launched March 30th even if they have already completed one of the prior versions of the application or if the business has already been declined for a loan.
To apply, see the link to SBA’s website below.
https://www.sba.gov/funding-programs/disaster-assistance…
