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SBA Financing Available to Businesses Impacted by COVID-19

President Trump announced that he is requesting that the Small Business Administration (SBA) make financing available to businesses being affected by COVID-19 (Coronavirus). 
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Details are not yet available, however sources say that these funds will be available directly through the SBA’s disaster program (applications, questions, and funding).

While details unfold, here are three sites to visit to stay informed about any new information:

  1. sba.gov – Small Business Administration programs, additional assistance for businesses, including new updates regarding a COVID-19 program. 
  1. https://www.sba.gov/page/guidance-businesses-employers-plan-respond-coronavirus-disease-2019-covid-19 -  SBA’s primary page for COVID-19 guidance. 
  2. https://www.sba.gov/funding-programs/disaster-assistance - SBA’s disaster assistance page that gives an overview of the program and application for disaster assistance loans.

 

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