Source: MORNING AG CLIPS, 4/29/20
Cape Fear Farm Credit is working diligently to support businesses to help them access funds through the Small Business Administration (SBA) Paycheck Protection Program: a loan program to assist small businesses nationwide adversely impacted by the COVID-19 emergency. The program is designed to provide a direct incentive for small businesses to keep their workers on payroll by providing funds to pay up to 8 weeks of payroll costs including benefits and certain other expenses, up to $10 million.
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