The new loan program created by CFA and PIDA to support small businesses is not the only financial resource for businesses affected by the COVID-19 public health emergency. The U.S. Small Business Administration (SBA) is also offering loans to businesses and non-profits during this unprecedented time in our nation’s history.
Additional information on the SBA loan program is available by contacting the disaster assistance customer service center by calling 1-800-659-2955 (TTY: 1-800-877-8339) or e-mailing firstname.lastname@example.org.
The Penn State Small Business Development Center will hold a free webinar on the process of applying for SBA emergency loans on Wednesday at 10:30 a.m. It covers who is eligible, timelines, and how to estimate economic loss, and questions will be answered via live chat. Participants must register by 8 a.m.
Registration and more information is available here.