Small Business Loans Available through the CARES Act
These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan.
The program would provide cash-flow assistance through federally guaranteed loans to employers who maintain their payroll during this emergency.
Sole proprietorships, with or without employees
Self employed & freelance workers
HOW TO APPLY
To Apply for the Economic Injury Disaster Loan Program
For more information on the Economic Injury Disaster Loan Program please visit sba.gov/disaster
Click here for the PPP Application
Contact your Commercial Loan Officer prior to submitting the application to establish secure communication.
An SBA Economic Injury Disaster Loan provides relief to small businesses and private non-profits from economic injury caused directly by the COVID-19 disaster. Applying for these loans also offers an emergency advance of up to $10,000 within three days of application.
Paycheck Protection Program provides federally guaranteed loans administered by the Small Business Administration (SBA) to small businesses to be used towards job retention and certain other expenses.
Seamen’s Bank is a certified SBA lender. If you are a current business customer looking for more information or to apply please contact your Commercial Loan Officer.
Click here for Seamen’s Bank Loan Officers
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