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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)
Facebook Small Business Grants