Trump Pledges Immediate SBA Lending Support
President Trump pledged to support SBA lending through ramped-up low interest loans to small businesses that are suffering or may suffer from a decline in business due to recent public health fears. Additionally the President says that he will make or ask Congress to impose a degree of tax relief to those affected.
More information about the plans will be published as they become available. The President’s speech was made at 9pm EST in which he announced broad preventative and relief measures including a 30-day ban from all European travelers (excluding the UK).
Last modified: March 11, 2020Sean Murray is the President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future deBanked events here.