SBA Offers Loans, Guidance for Coronavirus Outbreak
YOUNGSTOWN, Ohio – The U.S. Small Business Administration has issued guidance for business owners to keep themselves, their employees and customers healthy during the COVID-19 outbreak.
The guide, published online here, details the agency’s Economic Injury Disaster Loan, which will offer businesses affected by COVID-19 low-interest working capital loans of up to $2 million.
More information is available at SBA.gov/disaster.
Also on the site is a guide for what businesses should do during the ongoing COVID-19 outbreak – including encouraging sick employees to stay home, environmental cleaning and what to do for traveling employees – as well as what can be done to minimize the stigma of coronavirus, the virus spreading COVID-19.
It also includes general information on the SBA’s loan programs, export assistance and government contracting.
Copyright 2023 The Business Journal, Youngstown, Ohio.