Repayable Loan
Economic Injury Disaster Loans with interest rates of 2.75% for small businesses up to $2 million. Open to most nonprofit organizations that have suffered substantial economic injury. Loans can be amortized up to 30 years. Applicants can not currently be receiving federal grants/funding and ineligible for commercial loans without creating financial hardship.
For SBA Disaster Loan Assistance Program Overview:
https://www.sba.gov/disaster-assistance/coronavirus-covid-19
To Apply for Disaster Loan Assistance:
https://disasterloan.sba.gov/apply-for-disaster-loan/index.html
*Please Note – A Disaster Assistance Loan Officer may ask you to fill out forms under the “Additional Forms” section on the page https://disasterloan.sba.gov/apply-for-disaster-loan/index.html
Note: Because of the overwhelming response to these resources, for faster responses please download the attached PDF forms, complete and email to the SBA.
[embeddoc url=”https://www.mdouniversity.org/wp-content/uploads/2020/03/Economic-Injury-Disaster-Loan-Supporting-Information-P-019.pdf” download=”all”]
[embeddoc url=”https://www.mdouniversity.org/wp-content/uploads/2020/03/Business-Loan-Application-SBA-Form-5.pdf” download=”all”]
[embeddoc url=”https://www.mdouniversity.org/wp-content/uploads/2020/03/Business-Loan-Application-SBA-Form-5-1.pdf” download=”all”]
Course Features
- Lecture 0
- Quiz 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
