Reading Time: < 1 minute(Last Updated On: April 5, 2020)
Interest rates will be a 1.00% fixed rate for Paycheck Protection Program loans. The U.S. Department of the Treasury announced this update after originally stating a 0.5% fixed rate last week.
Disclaimer: The information contained in this article is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The author accepts no responsibility for any consequences whatsoever arising from the use of such information.