Delays in Economic Injury Disaster Loans Leave Business Owners Feeling Short Changed

• Small business loans through the Economic Injury Disaster Loan program have been plagued by long delays and inadequate capital.

• Grants of up to $10,000 were supposed to arrive within three days, but many business owners have been waiting weeks.

• The average loan requested has been $200,000. However, the Small Business Administration capped loans at $15,000 due to high demand and low federal funding.

All together, disaster-loan funding is about 99% less than originally advertised.

Contact me if you, or someone you know has an immediate need for funding to keep their business from going under.