News & Events

News & Events

Share

SBA Disaster Assistance Loans Approved in Ohio

March 20, 2020
Share

Even with the best preparedness, a disaster can affect your business. Ohio small businesses are now eligible to apply for the Small Business Administration (SBA) Economic Injury Disaster Loans. These loans are meant to help meet working capital needs or normal business operating expenses through a disaster recovery period.  Although we can make no assurance around a company’s eligibility to receive these governmental loans and will not assist in the process, we do offer the information below as a resource for those interested. Key features of the loans include:

  • Low-interest loans of up to $2 million are available for small businesses and private non-profits.
  • Loans may be used to pay fixed debts, payroll, accounts payable and other bills and have repayment options of up to 30 years.
  • Interest rates are 3.75% for small businesses and 2.75% for private non-profits.

Click HERE to apply now. If you need assistance filling out the application, Access these step-by-step instructions.

Your Taylor Oswald team is available to help you throughout the Coronavirus pandemic. Visit our resource page for more information as it is available: www.tayloroswald.com/coronavirus

Note: This communication is for informational purposes only. Although every reasonable effort is made to present current and accurate information, Taylor Oswald makes no guarantees of any kind and cannot be held liable for any outdated or incorrect information. View our communications policy.