Businesses impacted by Coronavirus in Switzerland County are now eligible for federal disaster loans.
Economic Injury Disaster Loan Program: SBA Loan funds have been dedicated for Indiana and the application process has been streamlined.
Paycheck Protection Program: SBA loans that are partially forgivable if the business keeps its employees on payroll for eight weeks.
An overview of the program can be found here.
Information for borrowers can be found here.
More information and loan applications can be found on the US Small Business Administration’s Website at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.