Entrepreneurs look for help from Small Business Administration COVID-19 crisis loans - KITV Honolulu

Entrepreneurs look for help from Small Business Administration COVID-19 crisis loans - KITV Honolulu


Entrepreneurs look for help from Small Business Administration COVID-19 crisis loans - KITV Honolulu

Posted: 04 Apr 2020 12:39 AM PDT

The loans are open to any small business owner, sole proprietor, even nonprofits. You have to work with an SBA-certified lender and submit the required documents. There is no fee, no collateral requirement. It is first come, first served for the country's 30 million small businesses. Each loan is capped at $10 million.

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