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SBA Disaster Loans for COVID-19 Pandenmic
 
03/26/2020 01:08 PM

Small business owners are eligible for a $10,000 grant through the SBA Economic Injury Disaster Loan program. 

Click here for more information. Scroll down to "Economic Injury Disaster Loans"

Due to the COVID-19 pandenmic, Virginia has been granted disaster status which allows small businesses to receive a disaster loan through the U.S. Small Business Administration (SBA). For more information or to apply, visit the SBA Cononavirus Small Business Guidance & Loan Resources page on their website.

 

SBA Loan Deferment

Small businesses with non-disaster SBA loans can have their loan payments covered for six months. SBA has yet to issue guidance for this relief, although details are expected soon. 4.8.2020

 
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