U.S. Small Business Administration (SBA) Disaster Loans Now Available
April 4, 2020
The COVID-19 pandemic has affected everyone in our economy, but we know small businesses have been particularly hard hit. That’s why Governor Walz requested an Economic Injury Disaster Loan declaration from the SBA earlier this week.
Now, online applications for these loans are open to Minnesota businesses at: https://disasterloan.sba.gov/ela/
A few more details:
•This program can provide low-interest loans of up to $2 million to small businesses and private non-profits.
•These loans can go toward working capital to meet needs including payroll, accounts payable, and...