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The original item was published from 3/20/2020 10:05:53 AM to 3/20/2020 10:18:10 AM.

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News Flash

Posted on: March 20, 2020

[ARCHIVED] Small Business Administration Economic Injury Disaster Loan Program

SBA Encourages Loan Applications

All of Georgia is now eligible to apply for Small Business Administration (SBA) direct disaster loans up to $2.0 million at rates of 3.75% for terms up to 30 years. Economic injury loans under their disaster program typically cover lost revenues as a result of the disaster.

The SBA is aggressively pushing these loans and strongly encouraging all eligible business to apply online. SBA anticipates a two-three-week approval period by loan officers. Loans under $25,000 will not require collateral. Please note, these types of businesses are specifically restricted from applying: agricultural enterprises, religious organizations, and gambling, every other small business type should be eligible. Click here to visit the application website.

Additional information can be found:

1. Online:
2. Call SBA’s Customer Service Center at (800) 659-2955
3. Email


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