SBA Offers Disaster Assistance to New York Small Businesses
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to New York small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced this week. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Andrew M. Cuomo on March 17, 2020. The disaster declaration makes SBA assistance available in the entire state of New York; and the contiguous counties of Fairfield and Litchfield
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