Prepared Legal Corp.
Amid COVID-19 the U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses.
Interest rate on the disaster loans is 3.75% for small businesses and 2.75% for private nonprofit organizations. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela/
For more information on SBA disaster assistance:
Sacramento County LDA Reg. 2020-03, Exp 08/05/2021