SBA Updates Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… substantial economic injury as a result of a disaster, with at least one business located in each declared … SBA’s Office of Disaster Assistance will coordinate with the state’s or territory’s Governor to submit the … The interest rate for non-profits is 2.75%. SBA offers loans with long-term repayments in order to keep …