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The original item was published from 4/3/2020 11:23:00 AM to 4/18/2020 3:34:46 PM.

News Flash

City News

Posted on: March 30, 2020

[ARCHIVED] COVID-19 New Economic Stimulus Package for Small Business Available Now

The Small Business Administration has made available the Economic Injury Disaster Advance Loan of up to $10,000.  The advance loan is in connection with the SBA’s Economic Injury Disaster Loan Program of up to $2 million. Apply for this loan here.

The SBA is fast-tracking two additional loan programs created by the federal economic stimulus package (CARES ACT).  Starting April 3, 2020, contact your FDIC-insured bank, credit union and Farm Credit System institution.  All businesses, including non profits,  veterans organizations, sole proprietorship, self-employed individuals, and independent contractors are eligible.  You will need documentation on lost business income, payroll, mortgage payments, and other operating expenses. View applications and information below.

Payroll Protection Program Application

Information Sheet Overview

Information Sheet-Borrowers

Payroll Protection Plan-Press Release

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