Loans are available for small business and non-profit organizations. While terms will be established on a case-by-case basis, many will have a thirty-year repayment term with first payments not due for up to twelve months.
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SBA Economic Injury Disaster Loans. Small business owners can go directly to the SBA for assistance. Small business owners should visit http://www.disasterloan.sba.gov for information and the application. SBA link: https://disasterloan.sba.gov/ela/Account/Login …
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Businesses should expect to provide a tax transcript, financial statements, and a profit and loss statement. Interest rates will range from 2.75% to 3.75%.
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