Special Edition News Archive

Special Edition News Archive

New Amendment Expands CARES Act, Small Business Benefits

The amendment requires the Small Business Administration to ensure that a minimum of $30 billion in loans are made by insured depository institutions and credit unions whose consolidated assets range between $10 billion and $50 billion. An additional minimum of $30 billion in loans must be made by community financial institutions, insured depository institutions and credit unions with less than $10 billion in consolidated assets.

Read more at Barnes & Thornburg

2022-12-07T13:37:44-05:00May 1, 2020|Special Edition News Archive, Year 2020|

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