Disaster Loan Assistance

The U.S. SBA has Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters. The United States SBA is the world’s premier governmental small business partner, and has many programs available for small businesses to increase revenue or recover when federally recognized disasters such as the Coronavirus (COVID-19) strike. The heart of the Unites States economy is its thousands of small businesses. Ensuring their continuing success and growth helps the country generate revenue which helps all of our citizens and drives American innovation. For this reason, the SBA provides resources, including loans and disaster recovery assistance, to small business owners and entrepreneurs. Specific programs for Women, Veteran’s, Minorities and more are available from the SBA without disaster assistance, and many […]

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Coronavirus Business Loans

Due to the Coronavirus outbreak and associated Covid19, President Trump recently authorized several new tools to help existing businesses through the temporary financial downturn: Economic Injury Disaster Loan Program The EIDLP is eligible to business owners in all 50 U.S. states and territories. It provides a low-interest loan for business owners due to the severe economic effects of the Coronavirus (COVID-19) This program allows individual state Governors to provide low-interest loans to small businsses and non-profits that have been impacted due to the virus. Working capital loans of up to $2 million dollars are available for small businesses to help overcome the temporary loss of revenue due to the virus. Click here to be taken directly to the SBA’s application […]

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