In addition to specific disaster relief programs to assist small businesses, the CARES Act provides subsidy for certain loan payments under the SBA 7a and SBA 504 programs.
The SBA 504 loan payments are already being made under the CARES Act for existing 504 borrowers in regular servicing status starting with the April 1, 2020 payment. SBA 504 current borrowers will receive six months of payment forgiveness from April 1st to September 1st on their SBA 504 loan.