Seedcopa Alert: Coronavirus Assistance for Small Businesses
Seedcopa, an affiliate of the Chester County Economic Development Council is sharing information on possible assistance for Chester County small businesses in the wake of Covid-19.
SBA Administrator Jovita Carranza has issued a statement in response to the President’s address to the nation on coronavirus and efforts to support small businesses.
She outlined the process for accessing the SBA’s Economic Injury Disaster Loans, which offer up to $2 million in assistance for a small business.
These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Please note: To access the SBA’s Economic Injury Disaster Loans, small businesses are instructed to contact the SBA’s Eastern Pennsylvania District Office in King of Prussia.
To read SBA Administrator Carranza’s statement and guidance for small businesses, please click here.