CARES Act Passes; SBA Disaster Loans available to Strong Credit Scores

CARES Act Passes; SBA Disaster Loans available to Strong Credit Scores

CARES Act Passes; SBA Disaster Loans available to Strong Credit Scores
Reading Time: < 1 minute(Last Updated On: March 30, 2020)

This past Friday, Congress signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Among several other notable changes, the CARES Act expands the availability of Economic Injury Disaster Loans (EIDLs) by qualifying businesses based solely on strong credit scores. Read more here.

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