Understanding Disaster Loans
The Coronavirus pandemic has brought upon unprecedented times—not only concerning health and public safety, but also for local economies. Small businesses have had to suspend or alter operations, causing companies to suffer economically. It's very important that small businesses make thoughtful decisions during this time to help them stay afloat through the pandemic and positioned for success once the virus clears. The SBA has programs available during this time to help support small businesses that need relief. To learn more, join us as we take a look at what a disaster loan is and what they mean for your business.
SBA Disaster Loans
The SBA disaster loan program assists small businesses that have been affected in a time of economic injury, such as in the case of COVID-19. SBA.gov has a lot of great resources, so we encourage you to reference that and learn more about disaster loans.
Count on First Liberty Building & Loan for Your Next Steps
If you need help through this process, First Liberty is here for you. And, in the case that your business does not qualify for an SBA disaster loan, we can explore and offer alternative funding options that work great for your unique needs. With years of experience and the knowledge to help you, trust the specialists at First Liberty Building & Loan.