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Tax Newsline

Our newsline provides the latest news from the IRS, due dates, reminders, and thoughtful insights on accounting and tax related topics

SBA Economic Injury Disaster Loan Program for Business Owners

3/22/2020

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SBA Economic Injury Disaster Loan ProgramPosted on Mar 18, 2020 in News UPDATE (3/20): SBA Disaster Loan Program Is OpenHawai‘i small businesses suffering financial losses due to the impact of COVID-19 can now file for low-interest working capital loans of up to $2 million from the Small Business Administration (SBA).

The SBA today approved a certification request submitted by Gov. David Ige, clearing the way for Hawai‘i small businesses to participate in the SBA’s Economic Injury Disaster Loan Assistance Program. The loans can be used to pay fixed debts, payroll and other bills that can’t be paid because of a disaster’s impact.
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More: ​ https://invest.hawaii.gov/sba-economic-injury-disaster-loan-program/

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