News Flash

COVID-19 UPDATES

Posted on: March 19, 2020

Ohio Small Businesses Now Eligible For SBA Economic Injury Disaster Loans

Small Business Administration

March 19, 2020

U.S. Small Business Administration


Ohio Small Businesses Now Eligible For SBA Economic Injury Disaster Loans

Thanks to a concerted effort by the state of Ohio and the U.S. Small Business Administration  Ohio small businesses are now eligible for SBA’s Economic Injury Disaster Loans. Please see below for more information:

  • Low-interest loans of up to $2 million are available for small businesses and private non-profits.
  • Loans may be used to pay fixed debts, payroll, accounts payable and other bills and have repayment options of up to 30 years. 
  • Interest rates are 3.75% for small businesses and 2.75% for private non-profits.
  • Need help filling out the application? Access these step-by-step instructions.

Click HERE to apply now. 

Small Business Guidance & Loan Resources

Facebook Twitter Email

Other News in COVID-19 UPDATES