SBA Updates Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… impacted by disaster provide documentation certifying that at least five small businesses have suffered substantial … economic injury as a result of a disaster, with at least one business located in each declared county/parish. … is 2.75%. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 …