SBA Low-Interest Federal Disaster Loans Available
At Ameris Bank, we know that small businesses are the backbone of our communities and we are committed to supporting them with resources during this unprecedented time. We want to ease cash flow pressures for businesses. We are proud to support the SBA’s low-interest federal disaster loans for businesses and nonprofits suffering as a result of the coronavirus.
These loans can provide vital economic support to help overcome the temporary loss of revenue and can be used to pay fixed debts, payroll, accounts payable and other bills that can't be paid because of the disaster's impact. There is no cost to apply for the SBA’s federal disaster loan and no obligation to take the loan if offered.
SBA’s Economic Injury Disaster Loans:
What are they? These are low-interest loans for businesses and nonprofits suffering substantial economic injury because of the coronavirus.
What can they be used for? These SBA loans can be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.
How can you apply? Once it has been confirmed that your business is located in an eligible disaster area, please apply for an Economic Injury Disaster Loan (EIDL) online directly through the SBA.
We know these are difficult times for business owners, and we will navigate through these challenging times, together.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All loans are subject to approval.