SBA pandemic financial loans are being rejected for frequent blunders. Here’s how to keep away from them

“A nightmare” is how a lot of organization homeowners describe the procedure of applying for a COVID-19 emergency personal loan this year from the U.S. Modest Business enterprise Administration.

That’s since last yr, the agency didn’t demand backup documentation. It was a breeze to get an Economic Injury Disaster Loan,

Federal catastrophe financial loans now out there to Louisiana enterprises and people

The U.S. Small Business Administration suggests that very low-curiosity federal disaster loans are now readily available to Louisiana organizations and residents impacted by Hurricane Ida.

The loans were being made available as a result of President Biden’s important disaster declaration, SBA Administrator Isabella Casillas Guzman introduced on Tuesday.

The declaration