As part of our continuing coverage of the Coronavirus, we’re pleased to welcome Mr. Ashley Bell, who is the White House Policy Advisor on entrepreneurship and innovation. Ashley also serves as Regional Administrator for SBA Region IV and today he discusses the Paycheck Protection Program which authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.
Starting April 3, 2020, small businesses and sole proprietorships can apply for and receive loans to cover their payroll and other certain expenses through existing SBA lenders. Click here to apply! To learn more, visit www.sba.gov
Stay tuned for more COVID-19 coverage right here on the CBT Automotive Network.