Small Business Relief Programs During the COVID-19 Crisis

by | Mar 24, 2020 | Covid-19 Updates

    As a small business owners & members of the community, we want to make sure we are keeping you updated of the options available to you. To obtain more information and see if you qualify for the disaster loans please contact us at info@summitcpasservices.com.

    The Small Business Administration (SBA) is providing low-interest working capital loans of up to $2 million to small business and nonprofits affected by COVID-19. These loans carry an interest rate of 3.75% for small business and 2.75% for nonprofits. Loan repayment terms vary by applicant, up to a maximum of 30 years.

    We at ZOMMA have over 30 years’ experience assisting our clients in obtaining SBA disaster loans and can help to maximize the amount of loan for which you may qualify.

    The Florida Small Business Emergency Bridge Loan Program is currently available to small business owners located in all Florida counties statewide that experienced economic damage as a result of COVID-19.