Special SBA Loans Can Help a Small Business Endure Hard Times

As In the ever-changing landscape of our current environment dealing with COVID-19, we want to reaffirm our firm’s commitment to our clients by continuing to provide a high level of service to each of them during this time.  We serve clients of all sizes – from small business start-ups to Fortune 500 companies, and part of our unique value proposition is understanding their needs and providing tailored legal solutions to each.  While there is unlikely to be any segment of business unaffected by the recent events, it’s possible that our smaller clients may be hit harder, or have a tougher time weathering the storm.  With that in mind, we wanted to share a short summary of resources that our small business clients might find helpful.  If we can do anything to further support you during this time, or in the future, please let us know. 

The U.S. Small Business Administration (SBA) is offering low-interest Economic Injury Disaster Loans up to $2 Million for small businesses and non-profits affected by disaster to help meet working capital needs or normal business operating expenses through the recovery period.  The loans can be used to pay fixed debts, payroll, accounts payable, and some other bills that might be hard to pay because of the disaster.

For more information on the SBA loans available, please visit this link.  

You can apply for an SBA Disaster Loan here.

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