Tennessee now approved for Small Business Loans due to COVID-19

Governor Bill Lee has announced that Tennessee is now eligible for small business loans through the Smal Business Administration due to COVID-19.

“The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.”

You can find all information can be found here: https://disasterloan.sba.gov/ela/