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SBA Loans for Child Care Business Owners Facing COVID-19 Losses

Mar 20, 2020 | Child Care Business Tools, COVID-19 Resources & Information

The Small Business Administration (SBA) is accepting applications from small businesses for loans to cover financial losses resulting from the COVID-19 crisis. These loans are available to businesses that have physical locations in eligible states. (California is an eligible state.)

Loans for up to $2 million are being approved for small businesses damaged by the coronavirus outbreak. Interest rates on the loans are 3.75% for businesses and 2.75% for non-profits.

Click here to apply, or click here to learn more.

Tags: business tips & director resources , COVID-19 Resources & Information