Georgia Receives SBA Statewide Disaster Declaration

News, State & National
SBA

Atlanta, GA – On March 18, Governor Brian P. Kemp announced that Georgia has received an official statewide disaster declaration from the U.S. Small Business Administration (SBA). This declaration will provide assistance in the form of SBA Economic Injury Disaster Loans to impacted small businesses in all 159 counties in Georgia.

“This is great news for Georgia small business owners,” said Governor Kemp. “As we continue to navigate the impact of COVID-19 on our economy, small business owners can apply for much-needed funding to continue operation and pay their employees. My thanks to the Trump Administration for their swift action to protect small business owners throughout the country.”

The application is now live, and Georgia small business owners can go directly to the SBA for assistance. Small business owners should visit www.disasterloan.sba.gov for information and the application.

Loans are available for small business and non-profit organizations. While terms will be established on a case-by-case basis, many will have a thirty-year repayment term with first payments not due for up to twelve months. Businesses should expect to provide a tax transcript, financial statements, and a profit and loss statement. Interest rates will range from 2.75% to 3.75%.

For more information, concerning Kemp’s action’s during COVID-19, click here.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

FetchYourNews.com - Dedicated to serve the needs of the community. Provide a source of real news-Dependable Information-Central to the growth and success of our Communities. Strive to encourage, uplift, warn, entertain, & enlighten our readers/viewers- Honest-Reliable-Informative.

News - Videos - TV - Marketing - Website Design - Commercial Production - Consultation

Search

FetchYourNews.com - Citizen Journalists - A place to share “Your” work. Send us “Your” information or tips - 706.276.NEWs (6397) 706.889.9700 chief@FetchYourNews.com

Back to Top

Do NOT follow this link or you will be banned from the site!