Economic Injury Disaster Loans for Small Businesses and nonprofits
Due to the Biden Administration’s Major Disaster Declaration in the wake of our severe winter storms, the Small Business Administration has made available Economic Injury Disaster Loans for businesses in San Mateo and Santa Clara Counties.
Economic Injury Disaster Loans are working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period, which began on December 27, 2022 and ended in February.
If applicants have any questions, they can call (800) 659-2955 or email: [email protected].
More information can be found in the SBA announcement attached. Please share with your networks.