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Showing posts with the label Small business loan

Need information on how to apply for the Federal Paycheck Protection Loans?

Update: Funds for this program were exhausted as of April 17, 2020. More funds are supposedly on the way. Stay tuned. According to Bank of America's website it seems like the banks that are administrating the loans for the federal government want you to be a customer (prior to Feb 15, 2020) with an existing loan or line of credit. However, so long as you are a business banking customer without a business loan with another bank you can apply through your bank. Read more here .