A not-so-new federal program to assist small companies simply started distributing funds this previous week. How a lot? How does $10bn sound?
That is not a joke. The federal authorities is making accessible $10bn and all small companies within the nation are eligible for the cash. This isn’t the paycheck safety program or the financial damage catastrophe mortgage program. Each of these Covid-relief efforts have expired. That is additionally not a mortgage program from the Small Enterprise Administration. It is from the treasury division. This system is known as the state small enterprise credit score initiative, or SSBCI, and it…
