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AVANT NEWS & KNOWLEDGE

SBA Disaster Assistance in Response to COVID-19

3/22/2020

 
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​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.
U.S. Small Business Administration Website
Michigan's Disaster Declaration Details (​Disaster #:MI-00081)

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