Small Business Administration offering up to $2M relief to local companies affected by coronavirus
ifiberone.com | March 17, 2020
America’s Small Business Administration (SBA) is offering monetary relief to small businesses afflicted by the coronavirus pandemic. SBA’s monetary aid is available in the form of low-interest federal disaster loans. SBA assistance is the byproduct of the state’s emergency declaration that was made on March 13. However, for a county to be eligible for federal and state relief, they must declare an emergency. That’s why SBA assistance is only available to small businesses in Chelan, Adams, Lincoln and Okanogan counties. Grant County will soon be eligible after it recently declared an emergency. Douglas County is not yet eligible because it has not made such a declaration.