Caveat: I have not used this before, so I'm learning, too. Just found out about it. Please share your experiences in the comments. As we all figure out how to operate small businesses and services to our community, you may find it difficult to pay your mortgage if this goes on very long.
The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Who can use an SBA disaster loan
The SBA offers disaster assistance in the form of low-interest loans to businesses, renters, and homeowners located in regions affected by declared disasters.
See
sba.gov/disaster and
Coronavirus (COVID-19): Small Business Guidance & Loan Resources
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