Paycheck Protection Program borrower application form - up and running

From the $2t total size, $349b is emergency lending facility providing cash-flow assistance to businesses via 100% federally guaranteed loans. Key Terms of the Loan: Interest rate: 1% annually Loan term: 2 years No fees for borrowers All borrowers will receive at least 6 months of interest and principal payment deferment Does not require a personal guarantee or collateral

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