Funding Alerts

SBA Economic Injury Disaster Loans

Small Business Administration

Nonprofits of any size that have been financially impacted as a direct result of the Coronavirus (COVID-19) may qualify. Nonprofits requiring emergency capital are encouraged to complete the online loan application form. These loans have interest rates of 2.75% for nonprofits for up to a 30 year period. The first $25k can be loaned without collateral so paid out immediately and there is a 4 month deferment. Additionally, businesses do not have to prove that they sought other lenders first.

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