The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. Offering up to $2 million in assistance, the loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue.

Currently, Maryland, D.C., and Virginia businesses are among the states eligible to apply. It is our suggestion that Pennsylvania, West Virginia, and businesses in surrounding states become familiar with the process and pay attention to the developing availability in order to take advantage immediately if offered. We will also update as more information becomes available.

Learn more about the program here: https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/sba-provide-disaster-assistance-loans-small-businesses-impacted-coronavirus-covid-19

View eligible disaster areas or earn about applying online here by calling 1-800-659-2955 or e-mailing disastercustomerservice@sba.gov.