Philadelphia Attorneys Explain Ins and Outs of SBA Debt Relief Program
In an interview with Barron’s, Rick Grimaldi and Luke McDaniels explain how business owners can apply for and use the SBA Debt Relief Program. They advise businesses that pay their 7(a), 504, or microloans through automatic payments to stop these payments during the debt-relief period. If a business makes a payment on its loans after March, 27, they say, its lender must give them the option to return the payment or apply it to the loan balance.
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