Updated List of States Approved for SBA Disaster Relief

UPDATE:

States approved for U.S. Small Business Administration Economic Injury Disaster Loans to date are: Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Louisiana, Maine, Massachusetts, Maryland, Michigan Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Utah, Virginia, Washington, and West Virginia.

The Small Business Administration has said it will work directly with state governors to provide targeted, low-interest loans to small businesses that have been impacted by COVID-19. SBA has also updated the criteria for obtaining disaster assistance loans for small businesses impacted by COVID-19. Under the revised criteria, “disaster assistance loans will be available statewide following an economic injury declaration. This will apply to current and future disaster assistance declarations related to Coronavirus.”

Written by Alexandra Moyer

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