The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-10). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration.
Click here to view the full handout from SBA regarding disaster assistance.
Here are additional resources regarding the SBA Disaster Loans:
SBA Disaster Loans Three-Step Process
SBA Loan Application
IRS Form 4506T
Personal Financial Statement Form
U.S. Small Business Administration Fact Sheet- Economic Injury Disaster Loans
Loan Programs and Financing Options