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NEWS - Emergency Preparedness

Posted on: March 17, 2020

Small Business Low-Interest Disaster Loans Available

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In an effort to support local small businesses suffering from economic loss as a result of the Coronavirus (COVID-19), the U.S. Small Business administration is offering low-interest federal disaster loans for working capital to keep your business operating.

Apply online and you will be notified within 24 hours. Loans can be up to 30 year term, interest rate of 3.75% and loan payments are deferred for one year after loan is funded. Loans are for operating losses only and not for loss of profit. Visit the SBA’s website to learn more and apply: https://www.sba.gov/disaster-assistance/coronavirus-covid-19

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