The Small Business Administration (SBA) is accepting applications from small businesses for loans to cover financial losses resulting from the COVID-19 crisis. These loans are available to businesses that have physical locations in eligible states. (California is an eligible state.)
Loans for up to $2 million are being approved for small businesses damaged by the coronavirus outbreak. Interest rates on the loans are 3.75% for businesses and 2.75% for non-profits.
Click here to apply, or click here to learn more.
