Tennessee Receives Economic Injury Disaster Loan Declaration From US Small Business Administration
March 23, 2020
Released Friday, March 20, 2020 | 02:30pm
Loans now available to Tennessee small businesses that have suffered economic injury as a result of COVID-19
NASHVILLE, Tenn. – Today, Gov. Bill Lee announced that Tennessee has received a declaration for Economic Injury Disaster Loan assistance from the U.S. Small Business Administration in response to a request submitted on Wednesday, March 18.
“I applaud the efforts of the SBA in swiftly processing and approving Tennessee’s request for Economic Injury Disaster Loan assistance,” Lee said. “Small businesses and nonprofits across the state are suffering greatly in the wake of this pandemic, and these loans will help overcome the temporary loss of revenue companies are experiencing during this difficult time.”