Latest News

COVID-19 SBA 7(a) Debt Relief Program

The SBA will pay the principal and interest of current 7(a) loans for a period of six months...

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COVID-19 College Education Deferments

To defer student loan payments for 6 months and to keep their Pell grants...

 

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COVID-19 Individual Relief for Self-Employed, Independent contractors...

Self-employed, independent contractors... Four months of $600/week boost...

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COVID-19 Keeping American Workers Paid and Employed Act/Paycheck Protection Program

Small businesses 8 weeks of cashflow assistance...would be forgiven if employees (and salaries) are retained.

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Conquering a Business Crisis

The SBDC has produced a comprehensive guide to restarting your business: Cash Management, Pricing and Cost Containment, Supply Chain Management, Marketing

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What's Next in Economic Development

I’ve never been in a tsunami, but that is what this coronavirus...

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COVID-19 SBA Express Bridge Loans

Up to 25K - term loan or used to bridge the gap while applying for a direct SBA Disaster loan

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COVID-19 Economic Injury Disaster Loans (Working Capital Loans) Direct from the U.S. Treasury

The criteria for loan approval will be based on your company’s loan history, ability to repay, and location. May apply for up to 2M. The interest rates are 3.75 percent for small businesses and 2.75 percent for nonprofits, with terms up to 30 years....

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COVID-19 Automatic Deferment on Existing SBA Disaster Loans Through End of 2020

Release Date: Monday, March 23, 2020 Release Number: 20-27 Contact: Press_Office@sba.gov, (202) 205-7036 WASHINGTON – Today, U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA...

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