"The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Indiana small businesses suffering substantial economic injury as a result of the Coronavirus", SBA Administrator Jovita Carranza announced today. The SBA made the decision following the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President.

Once Governer Holcomb declared the disaster on March 17th the assistance became available to the state of Indiana. Assistance from the SBA is also made available to some counties in Illinois, Kentucky, Michigan and Ohio. Business owners are encouraged to apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

Enter your number to get our free mobile app

More From My WJLT 105.3