We understand that many of our Small Business Clients are being severely impacted by COVID-19. This impact includes loss of revenue, liquidity concerns, potential employee layoffs, and the concern of making payroll. Small Business owners are now eligible to apply for low-interest loans due to the COVID-19. The SBA is providing working capital loans of up to $2 million to small business and nonprofits affected by COVID-19 so business owners can overcome the financial hurdles at this time.
For more information on the SBA’s Economic Injury Disaster Loans Program and other SBA guidance, please visit the following SBA pages for further information: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources and https://www.sba.gov/funding-programs/disaster-assistance. You can apply for the SBA loans directly on their website.
We are here to assist you during this time. In order to serve you better, please schedule a time with us to discuss your options.