SBA Updates Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… a result of a disaster, with at least one business located in each declared county/parish. Under the just-released, … once an economic injury declaration has been made in a state or territory, the new rules allow the affected … Economic Injury Disaster Loans offer up to $2 million in assistance for each affected small business. These loans …