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Business

SBA grants Cooper’s request for disaster aid

The Small Business Administration granted Gov. Roy Cooper’s request for a disaster declaration for small businesses that are suffering economic losses due to the new Coronavirus, COVID-19.

Many small businesses are desperate straits right now as the virus brings business to a near halt. At the Governor’s request, the SBA granted a disaster declaration to small businesses across the state, allowing affected businesses to apply for low interest SBA disaster loans.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov.

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 or 1-800-877-8339 for the deaf and hard-of-hearing, or by emailing [email protected]v. Loan application forms can also be downloaded at disasterloan.sba.gov.

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