The U.S. Small Business Administration (SBA) is offering Economic Injury Disaster Loans, low-interest, federal disaster loans for working capital to small businesses that are suffering substantial economic loss as a result of the Coronavirus (COVID-19). Applicants may apply online here. The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. For complete details on SBA and receive additional assistance information, visit here.
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