SBA’s Disaster Declaration Makes Loans Available Due To The Coronavirus (COVID-19)

Coronavirus (COVID-19)

Last updated on November 2nd, 2020

The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

  • Eligible entities may qualify for loans up to $2 million.
  • The interest rates for this disaster are 3.75 percent for small businesses
    and 2.75 percent for nonprofit organizations with terms up to 30 years.
  • SBA’s Economic Injury Disaster Loan (EIDLs) funds come directly from
    the U.S. Treasury.

Please Call One Of Our Disaster Relief Specialists For More Information On How We Can Help

You Apply at (845) 567-9000 Ext. 209
or email