SBA EIDL Loan Repayments have Commenced according to an article in abc 11

Submitted by Anonymous (not verified) on Wed, 02/01/2023 - 18:10
Description: 

Beginning in January 2023, millions of small businesses will have to budget for a new monthly expense. During the pandemic, federal loans granted to small businesses will begin repayment, according to a story at  https://abc11.com/small-business-ppp-loans-pandemic/12721676/Many small businesses will now have to begin repaying their SBA EIDL loans despite a difficult business environment, including high interest rates and inflation. This may result in many businesses filing for chapter 7 bankruptcy or closing. Jim Shenwick, Esq  [email protected]   917 363 3391