With the recent outbreak of Coronavirus (Covid-19), economies across the globe have been impacted. If you are a building owner, this disruption could adversely affect the performance of your property. As the owner, you may need to structure relief for your tenants while at the same time seek relief from the tranches of your capital stack. If you are a commercial tenant and your business has been impacted, you may need solutions such as forbearance, forgiveness or lease modification. In either case, JOTS Real Estate can help mitigate risk and negotiate win-win solutions for owners and tenants alike. Call today to learn how we might help.
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SBA Debt ReliefThe SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.
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Express Disaster LoansEnables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
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Paycheck Protection Program (PPP)This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program. Businesses apply through a Small Business Administration (SBA) approved lender. Call your preferred banker for application details.
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