The SBA has extended the period in which debtors can begin repaying principal and interest on existing loans obtained via the COVID Economic Injury Disaster Loan program for a total of 30 months deferment from inception on all permitted COVID EIDL loans. This deferment extension is effective for all COVID-EIDL loans approved in calendar years 2020, 2021 and 2022. Loans now have a complete deferment of 30 months from the date of the observe.
The provide chain crisis is impacting Silicon Valley businesses, massive and small. The San Jose Chamber of Commerce held a breakfast Thursday where business leaders discussed how inflation and COVID-19 have impacted their outlets, and shared how over the last two years issues have gotten more expensive—and unpredictable. Chamber President Derrick Seaver stated it’s advanced to pinpoint all… With fuel costs at an all-time high in California and around the united states, native residents are digging …