The United States Small Business Administration (SBA) offers programs that may be of interest to US-based focused ultrasound companies. Working directly with state governors, the SBA is providing targeted, low-interest loans to small businesses and non-profits in states that have been severely impacted by the 2019 Novel Coronavirus (COVID-19).
The Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses in California, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Indiana, Maine, Massachusetts, Montana, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Rhode Island, Utah, and Washington* to help overcome the temporary loss of revenue.
Additional guidance and more resources for businesses are available at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.
*Although only some states are listed in this announcement, the details under Current Declared Disasters and the SBA Disaster Assistance page suggest that loans may also be available to support businesses in additional states/counties.
Apply for the SBA’s Economic Injury Disaster Loan Program >