Indiana Small Businesses Now Eligible For SBA Economic Injury Disaster Loans
Thanks to a concerted effort by the state of Michigan and the U.S. Small Business Administration, Michigan small businesses are now eligible for SBA's Economic Injury Disaster Loans. Please see below for more information:
- Low-interest loans of up to $2 million are available for small businesses and private non-profits.
- Loans may be used to pay fixed debts, payroll, accounts payable and other bills and have repayment options of up to 30 years.
- Interest rates are 3.75% for small businesses and 2.75% for private non-profits.
- Need help filling out the application? Access these step-by-step instructions
Click HERE to apply now.
Additional Federal and State Resources for Small Businesses
For detailed information on SBA programs for the coronavirus, visit sba.gov/coronavirus and for information on all federal programs, visit usa.gov/coronavirus or gobierno.usa.gov/coronavirus (en Español)