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The original item was published from 3/27/2020 5:22:48 PM to 4/3/2020 12:00:00 AM.

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Posted on: March 27, 2020

[ARCHIVED] Small Business Economic Injury Disaster Loan Applications Being Accepted Now

SBA Loans

The Small Business Administration (SBA) provides Economic Injury Disaster Loans up to $2 million to help meet financial obligations and operating expenses that could have been met had a disaster not occurred. Small businesses, small agricultural cooperatives and most private non-profit organizations in Santa Clara County can apply for loans if the SBA determines businesses are unable to obtain credit elsewhere.

Key Details

  • Maximum Loan Amount: Up to $2 million
  • Term: 30 years at 3.75% for small business and 2.75% for non-profits
  • Application Deadline: December 16, 2020
  • Loan payment deferred up to one year from date loan is received

Preparing and Applying for an SBA Loan

The Small Business Development Center of Silicon Valley (SVSBDC) can help applicants through the application process. 

Upcoming Online Events

March 31: Repairing Your Credit

April 2: SBA Loan Assistance Webinar

Get Started

Call the SBDC at 408-385-9800 or visit SVSBDC.Org

Additional Info...
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