• Sat. Apr 20th, 2024

Small Businesses in Baltimore Gain Access to Disaster Relief through the SBA after Bridge Collapse

BySamantha Jones

Apr 2, 2024
SBA Urges Business Owners to Apply for Assistance Without Delay

Small businesses in Baltimore that were affected by the bridge collapse now have the chance to apply for disaster relief through the Small Business Administration (SBA). Governor Wes Moore and Senator Ben Cardin recently visited one of the two locations where business owners can apply for assistance in southeast Baltimore. During their visit, Cardin emphasized the importance of the low-interest loans being offered, with a 30-year duration and no immediate burden or obligations during the first year. This allows small business owners and independent contractors to keep their businesses running despite a decrease in revenue.

The SBA is encouraging business owners to apply for assistance as soon as possible, even if they are unsure of the full extent of the impact the collapse may have on their business. The deadline to apply for disaster relief is December 30th. This support is crucial for helping small businesses recover and continue operations during this challenging time.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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