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Small Business Loans Forgiven

According to Inc., small businesses could get their loan forgiven under the new stimulus package. 

Small businesses reeling from the impact of coronavirus may have good news coming in the form of loan forgiveness.

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Small Business Could Get Relief Under Stimulus

Under the new stimulus plan small businesses with less than 500 employees could qualify for a loan, reports Inc. 

With President Donald Trump having signed an unprecedented $2 trillion economic stimulus package aimed at supporting U.S. businesses and individuals, you're probably wondering what it all means for you as a small-business owner.

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Small Businesses in Danger

Former head of the Small Business Administration warns that 20% of all small businesses could go under during the covid-19 crisis, reports Yahoo Finance. 

The former head of the Small Business Administration under Barack Obama hailed the arrival of the coronavirus stimulus package, but warned of catastrophic outcomes for a large number of American small businesses.

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