U.S. Small Business Administration Offers COVID-19 Disaster Relief Loans

The U.S. Small Business Administration is offering low-interest federal disaster loans to small businesses in designated states and territories suffering substantial economic injury as a result of the COVID-19 crisis. Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority an Economic Injury Disaster Loan declaration, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act. This program will apply to current and future disaster assistance declarations related to the COVID-19 crisis.

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