WISBDC webinars at no-cost to assist small business owners with the SBA Economic Injury Disaster Loans
March 23, 2020
The Workforce and Illinois Small Business Development Center is offering webinars at no-cost to assist small business owners with the SBA Economic Injury Disaster Loans.
How to Prepare & Apply for SBA’s Economic Injury Disaster Loan (EIDL) Program
The U.S. Small Business Administration is offering designated states and territories - Illinois included - low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the coronavirus (COVID-19). SBA’s Economic Injury Disaster Loans (https://www.sba.gov/disaster-assistance/coronavirus-covid-19) offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses; 2.75% for non-profits.
These webinars will provide details about the program, including what documents are necessary to apply. All of the webinars will cover the same information. Registration is required.
If you have any questions, please call 618-252-5400 ext. 2312 or email firstname.lastname@example.org. We are meeting with clients remotely via phone, email, or web conferencing.
To become a client, please click the following link and choose the Workforce and Illinois Small Business Development Center at Southeastern Illinois College: https://ilsbdc.ecenterdirect.com/
You can also learn more about our available webinars and workshops on our Facebook page: https://www.facebook.com/isbdcsic