Coronavirus Financial Help for Small Businesses

Coronavirus Financial Help for Small Businesses

For declared disasters, the SBA offers low-interest disaster loans for businesses. And now, its new programs can help businesses affected by the coronavirus pandemic.

These programs were authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed on March 27, 2020.

Please note: The Small Business Administration has placed the following on its Paycheck Protection Program page.

Notice: Paycheck Protection Program has reopened

The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to the Paycheck Protection Program Extension Act. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.

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