Tag: Small Business Administration

SBA loan assistance helps small businesses ride out coronavirus crisis

by Robert Woolsey, KCAW | Mar 24, 2020 | Local News, Syndicated

Emergency loans of up to $2 million dollars are available now for small businesses affected by the COVID-19 pandemic. The loans are designed to help businesses of less than 500 employees pay their bills and meet payroll -- but the money can’t be used to pay off any debt incurred prior to the coronavirus emergency. Read More

The SBA in Alaska: Big resources to help small business

by Robert Woolsey, KCAW | Aug 24, 2018 | Local News

Marichu Relativo is the deputy director of the Small Business Administration in Alaska. Speaking recently at the Sitka Chamber of Commerce (8-22-18), Relativo explained that the cabinet-level agency offers guidance and training for people interested in starting businesses, it guarantees loans, and -- in some cases -- it offers direct financing of up to $5-million. Read More