SBA Economic Injury Disaster Loan Program

by | Mar 20, 2020 | tips | 0 comments

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.

In another effort to help Mississippi small businesses, the Mississippi Emergency Management Agency (MEMA) is urging small business owners to fill out and submit a coronavirus impact report.

“We are collecting this information so that Mississippi may request an Economic Injury Declaration from the Small Business Administration to aid in the economic loss suffered as a result of the COVID-19 event,” MEMA said in a statement.

Once the paperwork is completed, you can send it directly to the MEMA State Coordinating Officer at tdemuth@mema.ms.gov. Questions can be sent to that email as well.