The US Small Business Administration approved the state of Missouri’s request for assistance through the federal agency’s disaster loan program.
This approval makes low-interest disaster loans available to small businesses and private non-profits severely impacted by the Coronavirus (COVID-19).
SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for each affected small business or non-profit. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.