Sens. Schatz, Cortez Masto Introduce New Bill to Boost Funding, Lower Interest Rate for EIDL Program, Help More Small Businesses Access SBA Loans, Stay Operational During Pandemic
July 03, 2020
July 03, 2020
WASHINGTON, July 3 -- Sen. Brian Schatz, D-Hawaii, issued the following news release:
U.S. Senators Brian Schatz (D-Hawaii) and Catherine Cortez Masto (D-Nev.) introduced new legislation that will help more small businesses access flexible Small Business Administration (SBA) funding to cover their operational costs and stay open. The legislation will make key updates to the economic injury disaster loan (EIDL) program, including cutting the interest rate to 1 percent, raising the ca . . .
U.S. Senators Brian Schatz (D-Hawaii) and Catherine Cortez Masto (D-Nev.) introduced new legislation that will help more small businesses access flexible Small Business Administration (SBA) funding to cover their operational costs and stay open. The legislation will make key updates to the economic injury disaster loan (EIDL) program, including cutting the interest rate to 1 percent, raising the ca . . .