SBA Express Disaster Bridge Loan
Below you can access information about federal, state, city and private resources in regards to coronavirus (COVID-19).
The SBA has launched the SBA Express Disaster Bridge Loan program to enable small businesses to apply for financing of up to $25,000 from SBA Express Lenders while they wait for decision and disbursement of an Economic Injury Disaster Loan (EIDL). SBA-guaranteed loans through this program will serve as invaluable bridge financing, and be repaid in full or in part by proceeds from the EIDL loan.
To be eligible, businesses must have had an operating venture as of 3/13/20. Contact your small business lender directly regarding this program, or go to the SBA’s program guide for more detail.