Department of Commerce introduces Live Chat to help businesses applying for SBA Economic Injury Disaster Loans
Monday, April 06, 2020
The Kansas Department of Commerce launched a Live Chat feature on its COVID-19 Response webpage today specifically to provide support to Kansas businesses and nonprofits applying for Economic Injury Disaster Loans through the U.S. Small Business Association.
The SBA approved Governor Laura Kelly’s disaster declaration request for all 105 Kansas counties, making low-interest, long-term loans available for Kansas businesses to fund fixed debts, payroll, accounts payable and other bills that can’t be paid because of the impact of COVID-19. The interest rate is 3.75 percent for small businesses and 2.75 percent for nonprofit organizations.