Small Business Resources

Written on 03/19/2020
Chamber & App Team

Emergency Loans Now Available for R.I. Small Businesses
 
 
Yesterday the U.S. Small Business Administration approved Governor Raimondo's application for assistance and will offer low-interest federal disaster loans for working capital up to $2 million to Rhode Island small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
 
Applicants may apply online, receive additional disaster assistance information, and download applications at: https://disasterloan.sba.gov/ela.
 
Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. If a paper forms are preferred, they can be accessed here.
 
If your business has questions regarding SBA loans and access to capital, please call RI Commerce's Small Business Hotline at (401) 521-HELP or e-mail info@commerceri.com.
 

I. SBA Disaster Assistance
The U.S. Small Business Administration has approved Governor Raimondo's application for assistance and will offer low-interest federal disaster loans for working capital up to $2 million to Rhode Island small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

Applicants may apply online, receive additional disaster assistance information, and download applications at: https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

If your business has questions regarding SBA loans and access to capital, please call RI Commerce Small Business Hotline at (401) 521-HELP or e-mail info@commerceri.com.
 
Continue to monitor the RI Commerce website  https://commerceri.com/covid-19/ for new documents and information. Any questions, let me know.
 
Be safe,
 
Doris Blanchard
Assistant Director
SupplyRI, RI Commerce Department

 

Here are other resources to help small businesses get through these trying times.

Small Business Administration (SBA)

 

SBA Relief Announcement

 

SBA Guidance

 

Facebook Small Business Grants

 

Facebook Grants