Ensuring business continuity in light of COVID-19: How to apply online for an SBA Disaster Relief loan
It is truly encouraging to see how, under the leadership of Administrator Jovita Carranza, the SBA is working directly with State Governors to offer low interest federal disaster loans for small businesses
It is truly encouraging to see how, under the leadership of Administrator Jovita Carranza, the SBA is working directly with State Governors to offer low interest federal disaster loans for small businesses and non profit organizations, to help alleviate the economic injury caused by COVID-19. I think these loans can be a very valuable tool for short term business continuity, and a source of much needed liquidity for many small, minority and diverse business owners. Many local business owners like restaurants, coffee shops, beauty salons, small retailers, gyms, event and travel coordinators, etc have been suddenly left with little sources of revenue, yet they have payrolls to cover, rents and other fixed costs to pay. I was actually encouraged to write this article as some of our local retailers where sharing their pain during these difficult times and where asking me for resources. Also, non -profit organizations I serve on...