The Small Business Administration (SBA) announced today that it has reached the $349 billion lending cap for the Paycheck Protection Program that was established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Small Businesses who have filed loan applications will have to wait while congress debates whether to approve additional funding for the program. Additional details
What People Are Saying
"Our experience working with BDS over the better part of the last decade, has been an easy, enjoyable, yet professional relationship that has grown to be one that we depend and count on for continual support, especially during tough and challenging times...."
Tracy S. Stevenson, PHR, Vice President
Babbitt Bearings, Inc./ Service Machine Corp. of Syracuse