SBA Administrator has
approved Ohio’s request for Economic Injury Disaster Loans related to COVID-19 for Non-profits and Small Businesses
For details view the power point HERE
WASHINGTON, DC – Today, U.S. Senators
Rob Portman (R-OH) and Sherrod Brown (D-OH) applauded Small Business
Administration (SBA) Administrator Jovita Carranza’s swift approval of
Ohio’s application to qualify for the Economic Injury Disaster Loan program.
This approved application will help get critical resources to Ohio’s small
businesses and nonprofit organizations. Small
businesses in Ohio can now apply for up to $2 million in low-interest
loans at disasterloan.sba.gov.
“This is good news
for Ohio’s small businesses and nonprofits. This quick approval is critical to
ensure that our small businesses and nonprofits have the necessary
economic support to overcome the significant challenges created by this public
health crisis. This funding is designed to help them weather this
storm and the resulting economic fallout,” said the senators.
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