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Quick Intro to SBA 504 LoansJuly 30, 2021
Virginia Community Capital recently hosted a recorded webinar, Supporting Small Businesses & Promoting Job Creation with SBA 504 Loans, featuring Zachary Petry and Chris Topping of 504 Capital. The presentation focused on what the SBA 504…

How Much Should a PPP Borrower Worry About SBA FAQ Question 31?May 07, 2020
Small business owners across America have scrambled over the past month to obtain over $5 billion in PPP loans with the promise that such loans will be forgiven if proceeds are used to retain employees and cover certain types of business expenses…

A Few Questions and Answers About the New CARES Act Paycheck Protection ProgramApril 14, 2020
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) recently passed by the U.S. Senate and House and signed by the President creates a specific loan program through the Small Business Administration (“SBA”) to help small businesses…

CARES Act Relief Extends to Existing Small Business Administration (SBA) LoansApril 13, 2020
Question: I have an existing 7(a) SBA business loan. Am I eligible for any relief?
Answer: Yes. Starting no later than 30 days after the date on which the first (next) payment is due, the SBA will pay all principal, interest, and fees on…

Overview of the CARES Act: Titles I and IIMarch 31, 2020
The President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020. Title I of the CARES Act, the Keeping American Workers Paid and Employed Act, expands both the Small Business Administration's (SBA) Section…