• Tue. Apr 23rd, 2024

SBA Offers Disaster Relief Loans to Small Businesses in Baltimore: Governor Moore and Senator Cardin Highlight Importance of Assistance

BySamantha Nguyen

Apr 2, 2024
SBA Urges Business Owners to Apply for Assistance Without Delay

Governor Wes Moore and Senator Ben Cardin recently visited one of the two locations in southeast Baltimore where business owners can apply for disaster relief through the Small Business Administration. The SBA is offering low-interest loans to small businesses impacted by the bridge collapse, with a 30-year duration and no immediate burden or obligations during the first year. This allows small business owners and independent contractors to keep their businesses running despite a decrease in revenue.

Cardin highlighted the importance of this assistance, stating that it will help small businesses recover and continue operations during this challenging time. The SBA is encouraging business owners to apply for assistance as soon as possible, even if they are unsure of the full extent of the impact the collapse may have on their business. The deadline to apply for disaster relief is December 30th. This support is crucial for helping small businesses recover and continue operations during this difficult period.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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