The Paris Area Chamber of Commerce & Tourism issued the following announcement on Jan. 4.
The SBA announced that the deadline to apply for a COVID-19 pandemic Economic Injury Disaster Loan has been extended to December 31, 2021. To date, SBA has approved $197 billion in low interest loans, which will provide U.S. small businesses , non-profits, and agricultural businesses working capital funds.
Loans are offered at affordable terms, including a 3.75% interest rate for small businesses and 2.75% for non-profit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. All eligible small businesses are encouraged to apply.
Apply at sba.gov/disaster
Original source can be found here.
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