MoFi is excited to share a new federal recovery program from the SBA—it’s called the Community Advantage Recovery Loan (CARL) Program. Some of the features of the program include:
- Provides fast availability of funds (fewer than 10 business days)
- All payments are waived for the first six months
- Includes consulting services to help small business owners adjust in response to COVID
- Businesses are eligible even if they have received PPP/EIDL/state relief funds
- Simple online application
- Available for a limited time – loans must be approved by September 27, 2020
Click on link below for more details:
MoFi_CARL