Free Webinar Offered for SBA Disaster Loans

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 disastercustomerservice@sba.gov.

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.