SBA Debt Relief

  • Summary of Program: If you have a current or SBA 7(a), 504 or microloan the SBA will automatically pay the principal, interest, and fees for a period of six months. This also applies to new loans issued prior to September 27, 2020.
  • Why this might make sense for you: It provides immediate financial relief on current SBA debt with no penalties or interest or additional obligations.
  • How to apply: It is automatically applied for all eligible SBA 7(a), 504 or microloans.