u.s. small business administration
On March 18, 2020, all 100 counties in North Carolina were declared a COVID-19 disaster area enabling the Small Business Administration (SBA) to make Economic Injury Disaster Loans (EIDLs) in our state. These loans:
You can apply online or visit SBA.gov to learn more.
- Can be up to $2,000,000
- Have interest rates of 3.75% for small businesses and 2.75% for not-for-profits
- Can be payable up to a maximum of 30 years
You can apply online or visit SBA.gov to learn more.
