SBA Offers Webinar on Low Interest Loans
Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. The deadline for applications is December 16.
Businesses and Not-for-Profits who need additional guidance in the application process can feel free to schedule an appointment with a Business Advisor with NYS Small Business Development Center at http://www.nyssbdc.org/appointment.html or call 800-732-SBDC (7232).
Similar News Items
The Business Council of Westchester’s (BCW) President and CEO Marsha Gordon attended the groundbreaking of Opal 115, a transformative transit-oriented development in Mount Vernon that underscores the urgent need for affordable housing in our region. Gordon hailed the project as a critical step in addressing Westchester County’s housing challenges while fostering economic growth. “Transit-oriented developments […]
Iona University students recently delivered recommendations for the activation of Port Chester’s waterfront after a six-week study organized by the Westchester Innovation Network’s City Labs initiative. Students from Iona’s Hynes Institute for Entrepreneurship & Innovation recommended public space enhancements; commercial and recreational features; interactive technology; new lighting; greenery; and cultural features like public art or […]
In the final BCW Valley Bank Leadership Conversations series of the year, Deputy Westchester County Executive Ken Jenkins was the featured speaker this week at a standing-room-only crowd of business, government, and non-profit leaders. BCW President and CEO Marsha Gordon led a stimulating one-hour conversation at Kanopi restaurant in downtown White Plains. “The BCW has […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!
Leave a Comment
You must be logged in to post a comment.