Important Notice:

Due to the large volume of applications already received, we are no longer accepting applications to this loan program.

 

COVID-19 Recovery Loan Program

Many businesses in Georgia and South Carolina have been impacted by the effects of the virus known as COVID-19, which started in late 2019. Businesses in these locations are suffering from potential loss of inventory, maintaining excess inventory, and interruption of normal business activity caused by cancellations of events that draw large crowds and use of precaution by the public. The Small Business Assistance Corporation (SBAC) COVID-19 Recovery Loan Program is intended to provide financial assistance to speed resumption of normal commercial activities.

The SBAC COVID-19 Recovery Loan Program is for small businesses in our servicing areas within the states of Georgia and South Carolina that may apply for the Economic Injury Disaster Loan (EIDL) available from the Small Business Administration (SBA).
 

Eligible Businesses

Qualified borrowers must be an existing business with 2018 business tax return, current financial statements, and a current business license.

Find out how we may be able to help you by going to our website.