COVID-19  Tax Updates and

information SBA Loans

Take Advantage of $7 Billion In Funding Get Up To $2M In Loans From The Small Business Administration To Get Through COVID-19

SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.

SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.

SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.

All 50 States are Now Eligible 

  • Oklahoma

  • Louisiana

  • Arkansas

  • Mississippi

  • Nebraska

  • Pennsylvania

  • West Virginia

  • Wisconsin

  • Kansas

  • Vermont

  • Alabama

  • Florida

  • New Jersey

  • Delaware

  • North Carolina

  • South Carolina

  • Georgia

  • Indiana

  • Tennessee

  • Michigan

  • Ohio

  • New Mexico

  • Colorado

  • District of Columbia

  • Virginia

  • Maryland

  • Montana

  • North Dakota

  • Wyoming

  • Texas

  • Nevada

  • Arizona

  • Utah

  • California

  • Washington

  • Idaho

  • Oregon

  • Maine

  • New Hampshire

  • Connecticut

  • Massachusetts

  • New York

  • Rhode Island

Walkthrough SBA Loan Application Webianr

Live Webinar on March 31st at 11:00 am EST

Phone:    423-486-9300

Address: 1413 Chestnut St., Suite 401

                 Chattanooga, TN 37402

Contact us: info@frostcpas.com

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