The community banks standing by hospitality customers
Independent Banker
NOVEMBER 30, 2021
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided an important backstop for Small Business Administration (SBA) 7(a) loan holders, as it required the SBA to take care of loan payments for about six months in 2020 and make partial payments in 2021. million loan for a motel on the Oregon coast and a $8.3
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