Below are resources for businesses who are affected by COV-19. Both the SBA and KIVA have designed loan programs to assist these businesses. There are two attachments from the SBA which describe the details of their loan product, there is also a link to apply for their loan. The second link from KIVA gives information on their loan product. Please share this information as you see fit, there are many businesses in need of assistance.
U.S. SBA Economic Injury Disaster Loan (EIDL) Program:
SBA’s Economic Injury Disaster Loan (EIDLs) funds come directly from the U.S. Treasury. Applicants do not go through a bank to apply. Instead apply directly to SBA’s Disaster Assistance Program at: DisasterLoan.sba.gov
The KIVA loan program has been expanded as follows:
Kiva Small Business Lending
- Kiva has expanded small business lending on its online platform to include a larger list of eligible businesses, the possibility for larger loans, and a grace period for repayment. https://www.kiva.org/blog/support-local-businesses-during-the-coronavirus-pandemic