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Economic Injury Disaster Loan Declaration

sba100Chris Holman talks with SBA Michigan District Director, Constance Logan about Economic Injury Disaster Loan Program.

The U.S. Small Business Administration 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). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration.

more details here: www.sba.gov/disaster-assistance…oronavirus-covid-19

Listen to full interview below

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