Business owners will be able to apply for these loans at any lending institution that is approved to participate in the program through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by the U.S. Department of the Treasury. The SBA has many well-established lending partners including many community banks.
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THE WWBIC COVID-19 FAST TRACK LOAN PROGRAM is focused on existing businesses looking for business financing during COVID-19. Business owners have two options to pick from depending on their needs: a line of credit or a term loan.
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