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Monday, July 13, 2020
You are here : About SSA  >  SSA News

Archive by tag: LoansReturn
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 Another round of funding offers hope for struggling self storage owners By Laura Williams-Tracy, SSA Magazine Self storage operators who missed out on the first round of funding intended to help small business survive the COVID-19 pandemic have another shot – but it will go fast. Today, President Trump signed into law another $484 billion relief bill. This second round of funding includes $370 billion for low interest and forgivable loans through the wildly popular but...
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| Categories: | Tags: small business loans, CARES Act, Loans, Funding | View Count: (417)
 How the Self Storage Industry Can Benefit from the CARES Act By Laura Williams-Tracy, SSA Magazine Amid a global pandemic that is rapidly halting economic growth and threatening a double-digit unemployment rate, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act in late March. The CARES Act will provide nearly $2 trillion in emergency relief to blunt expected monumental losses to people and businesses in the wake of the pandemic. It is unknown what...
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| Categories: | Tags: CARES Act, Coronavirus Aid, SBA Loans, Paycheck Protection Program | View Count: (1579)
Self storage capital markets that were humming along nicely a mere three weeks ago face a sudden break as the coronavirus pandemic rattles investors, delays closings, upends debt markets and puts optimism on hold for those trying to lease up new facilities.
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| Categories: | Tags: Finance, CMBS, Loans, Capital Markets, Debt, Recession | View Count: (806)
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