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Posted on: March 17, 2020

Coronavirus (COVID-19): Small Business Guidance & Loan Resources

Cover 19 small Business relief fund West Memphis

Disaster Loan Application website at https://disasterloan.sba.gov/ela/ it is up and running with a few ways small businesses and non-profits can apply until the full application site is restored. Applicants will need to download a copy of the application and submit it in the following ways:

Drobox: sba.gov/disaster

Mail: UPDATED!  Mail your completed Document(s) to:

U.S. Small Business Administration

Processing & Disbursement Center

14925 Kingsport Rd.

Fort Worth, TX 76155-2243

Email:    Email your completed document(s) as attachments to: disasterloans@sba.gov

 Any information you send to SBA via email is sent via an unsecured email link. Due to the nature of the Internet, it is possible that unsecured email could be intercepted by third parties. Attachments that you email to the SBA cannot be larger than 5MB due to the SBA’s size limitations on emails.

Fax:        Fax your completed document(s) to: (202) 481-1505

Right now applicants cannot access the full site. Those with existing applications submitted please check back once the site is back up to update or add information to your application.  There is no need to begin a new application.  SBA is working another upgrade to the system that will be quicker and have more bandwidth to handle all those seeking assistance.

We apologize for this inconvenience but are still working diligently to process all requests. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov if you need assistance.

Businesses located in all counties in Arkansas can apply at  https://disasterloan.sba.gov/ela.   

Join us for the latest information about SBA’s Economic Injury Disaster Loan program. These sessions will cover the basics of the program and answer questions about the application material, process and how to apply for SBA Economic Injury Disaster Loans through the SBA’s website.

UPCOMING WEBINARS

Join SBA Arkansas District Office and SBA Partners for an online information session to help small businesses in filling out the EIDL application. We will review the requirements for filing, document requirements and forms.

 

The Arkansas Small Business and Technology Development Center is offering several no-cost webinars to help business owners respond to the coronavirus (COVID-19) outbreak. 

Upcoming Webinars 

  • Applying for SBA Economic Injury Disaster Loans,” 10 a.m. March 31 or 2 p.m. April 2 – Many Arkansas small businesses and non-profits are eligible for the Small Business Administration’s Economic Injury Disaster Loan Program. Learn about program requirements, how to apply and what to expect. ASBTDC will repeat the EIDL webinar each Tuesday and Thursday through April.
  • Take Your Business Online,” 10 a.m. April 1 – Hear about steps you can take to move business online and keep sales coming.
  • “¡Calma! Continúe con su Negocio," 2 p.m. April 1 – Get timely tips in Spanish for managing short-term cash flow and adapting your business model.
  • Connecting to Capital,” 2 p.m. April 2 – The Economic Injury Disaster Loan isn’t the right option for every business. Learn about other capital options.

Links to register for each program above are available at asbtdc.org/asbtdc-events.

 

SBA has created a small business resource page dedicated to COVID-19 at SBA.gov/Coronavirus. Here you will find CDC requirements for small businesses how to access SBA loan products outside of EIDL and much, much more.

We want to emphasize that public health is the priority and we’re encouraging small businesses to do their part to keep their employees, customers and themselves healthy by following the Centers for Disease Control and Prevention’s most up-to-date information on COVID-19, as well as Guidance for Businesses and Employers to Plan and Respond.

Additionally, SBA’s Arkansas network of resource partners stand ready to assist small businesses across the state in filling out applications. These partners are seeing clients virtually to assist in minimizing impact exposure to COVID-19 and protect our small business communities.

Arkansas Small Business & Technology Development Center 

SCORE - Counselors and Mentors for America’s Small Businesses

Arkansas Women’s Business Center 

Startup Junkie Consulting

AR Conductor

Arkansas Procurement Technical Assistance Center - Contracting Assistance

Arkansas Economic Development Commission 

AEDC has compiled a list of programs and resources, and will continue to update this list as additional resources become available at www.arkansasedc.com/covid19

Please sign up and encourage your businesses to sign up for direct updates from SBA at SBA Updates. We will send SBA updates twice daily from this distribution list.

And finally, for a list of all the SBA partners and organizations that your small business may need such as Chamber of Commerce, SBA Lenders and State Office check out our statewide  Resource Guide.

For additional information on disaster assistance, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov

Visit SBA.gov/disaster for more information.



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