RICHARDSON – The Small Business Administration (SBA) is offering Small Business Disaster Loans to the state of Texas to help with economic losses related to major event cancellations, loss of walk-in customers, depletion of stock from suppliers and client cancellations related to the COVID-19 pandemic.
The assistance is part of the SBA’s Economic Injury Disaster Declaration that grants access to its Economic Injury Disaster Loan (EIDL) program.
Small businesses in Richardson that believe are eligible for an SBA EIDL may visit www.sba.gov/disaster to apply for disaster assistance.
The online application is the fastest method to receive a decision about loan eligibility.