UPDATES FROM OUR DIRECTOR 3/26/2020

SBA is working diligently to meet customer demand for the EIDL and make the process as user-friendly and easy as possible for you. As we make changes, we will have update periods where things will be in flux. While this is happening now, we still want to make sure you have a way to fill out and submit your application. If you are having issues accessing the website, try clearing your browsing data/cache. Also, as things are improved, we will update you accordingly with the new information.
As of this moment, small businesses and non-profits can apply in two ways: 

  1. Fill out the PDFs and  supporting documentation and upload it using the online drop box. 

  2. Fill out the PDFs and mail them with the supporting documents to the address in Fort Worth, Texas, on the application.

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SENATE BILL UPDATE IN PROGRESS:

Early details on the pending  Senate Bill - 3/26/2020

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IMPORTANT NEWS: Process for online applications has changed

Questions - Check this link for more information

Express Bridge Loan 

Questions  on everyone's minds:

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  • Do private non-profit organizations qualify for the Express Bridge loan?

  • Are the already submitted and in process applications o.k.?

  • What about the loans in process? Do they have to start over?

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We are working to get all the information you need, and will post answers as we learn them. Check back often. In the meantime, you can also visit https://disasterloan.sba.gov/ela

Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES)

With more than US$2 trillion in total relief andUS$350 billion in support for small businesses, this bill,if enacted, would represent the third phase of legislation
intended to help families and companies affected by the coronavirus disease 2019 (COVID-19) outbreak. 

The Ohio Small Business Development Center (SBDC) program is funded in part through a cooperative agreement with the U.S. Small Business Administration. The SBDC program is also funded in part by the Ohio Development Services Agency. All services extended to the public on a non-discriminatory basis. Language assistance services are available for limited English proficient individuals. Reasonable accommodation for persons with disabilities will be made if requested at least two weeks in advance. Contact SBDC at 330.308.7479 or visit our website: www.sbdc.development.ohio.gov. SBA’s participation or support is not an endorsement of any product, service, or entity. Kent State University at Tuscarawas (SBDC) reserves the right to cancel any course or activity due to insufficient enrollment or for other unforeseen reasons. In the event a program is canceled, the University (SBDC) is not responsible for any related costs, charges or expenses.