SBA to Provide Disaster Loans for Coronavirus-Related Economic Disruptions

Business Health Trust is more than just your source for employee benefits. We advocate for small business insurance needs in Washington state, and are vigilant about staying on top of changes in the small business health insurance market.

As the coronavirus (COVID-19) outbreak continues to impact small businesses in Washington and nationwide, we would like to offer resources in light of an announcement from the U.S. Small Business Administration (SBA) that it will provide economic injury disaster loans for coronavirus-related economic disruptions.

Please view the SBA’s Fact Sheet as the loans pertain specifically to the COVID-19 impact in Washington state.

To determine whether your small business might qualify, the SBA’s Three-Step Process PDF outlines steps to apply and other details. You may download the following forms to apply for the loan:

For additional detailed information, please view a PDF presentation from the SBA.

More information also is available on the SBA’s Disaster Assistance website.