Business Loan Update
In addition to the Paycheck Protection Program described yesterday, there are a series of loans available to small businesses, some of which do not have to be repaid.
There is a $10,000 loan that does not have to be repaid available here
This is another $25,000 loan that should be quickly available
Locally, the City of St. Petersburg has an assistance plan for small businesses that will help many
You should apply for these loans at the bank you normally use for your business operations, While there are some delays right now with the new program, things are improving and the system should be working well in the next couple of weeks.
If you have questions on any of these loans, please don’t hesitate to give me a call at 727-729-2719.