Debt Relief

SBA 504 Borrowers
Starting April 1, SBA is making six (6) months of debt relief payments on existing SBA 504 loans. These debt relief payments include all principal, interest, and fees due on your existing SBA 504 loan through September 2020. SBA will also be making payments on SBA 7(a), Community Advantage, and Microloans.

April 1st Email to OSDC Partners Regarding Debt Relief

Ohio 166 Borrowers

Ohio Department of Development (ODOD) has indicated its willingness to defer loan payments for up to six (6) months on all Ohio 166 loans. Interest will not accrue during the deferment period and the loan will be extended by the length of the deferment. Borrowers should complete this Modification Request Form. Email a copy to ODOD and to OSDC and we will make sure your request is processed quickly.

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