Joint Trades Letter to Administrator Carranza - March 25, 2020

CDBA joined other banking and credit union trade associations in a letter to Small Business Administration (SBA) Administrator Jovita Carranza emphasizing the need for timely and clear guidance regarding the temporarily expanded SBA 7(a) loan program aimed at providing small businesses with funds for critical items such as payroll, rent obligations, and utilities. Lenders that will participate in these programs will require clear and consistent guidance on how SBA intends them to operate in order to effectively serve their small business customers.

Date: 
Wednesday, March 25, 2020
Press Release: 
No
Tags: 
Source: 
CDBA