Small businesses and nonprofit organizations that have suffered economic injury as a result of COVID-19 can apply for Economic Injury Disaster Loans of up to $2 million per applicant to help meet financial obligations and operating expenses which could have otherwise been met.
The Economic Injury Disaster Loans are administered and processed through the SBA. Applicants may apply online, receive additional disaster assistance information and download applications at
Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email
for more information on SBA disaster assistance.
Interest rates for the loans are 3.75% for small businesses and 2.75% for nonprofit organizations. The loans can be used to pay fixed debts, payroll, accounts payable or other bills that can’t be paid due to the disaster’s impact.
Below are helpful links regarding loan application process.
The Blount Partnership is committed to leading the Blount County business community through this crisis.
If you need access to additional resources, please don't hesitate to reach out.