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SBA grants disaster declaration for North Carolina

The U.S. Small Business Administration on Wednesday (March 18) granted Gov. Roy Cooper’s request for a disaster declaration for small businesses that are suffering economic losses due to the new Coronavirus, COVID-19.

The SBA disaster declaration allows affected small businesses to apply for low-interest SBA disaster loans.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov.

“Many small businesses are desperate right now and this SBA approval will help,” Cooper said. “Even more is needed, and we will continue to push for additional assistance while we work to protect the health of North Carolinians.” 

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 or 1-800-877-8339 for the deaf and hard-of-hearing, or by emailing disastercustomerservice@sba.gov.

Loan application forms can also be downloaded atdisasterloan.sba.gov.

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 or 1-800-877-8339 for the deaf and hard-of-hearing, or by emailing disastercustomerservice@sba.gov. 

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