CRG looks to help with COVID impact
GLOVERSVILLE — The Fulton County Center for Regional Growth this week said it is working closely with the federal government to help businesses impacted by the coronavirus.
“What we’re doing is to have the 11-county region be declared a disaster area,” CRG President/CEO Ronald Peters said Thursday.
Peters said his agency is also working with the Small Business Administration to unearth new loan possibilities.
“It’s been busy,” he said. “We’ve been fielding calls from companies in Fulton County.”
In this “fluid situation,” Peters said business owners can gather information on the CRG and SBA websites.
The CRG Facebook page this week stated: “We here at CRG are working closely with SBA to see what type of relief might be available for local businesses. We have been told that things are working and we hope to have more solid information by COB Friday. Keep watching here for more information.”
The CRG noted that the agency learned of the following with respect to the SBA.
SBA Administrator Jovita Carranza has approved a statewide disaster declaration for New York state-eligible small businesses that may now apply for SBA Economic Injury Disaster Loans (EIDL) online at https://disasterloan.sba.gov/ela
Peters said people should “review the fact sheet with important information about the declaratio” and EIDL requirements at this link: https://disasterloan.sba.gov/…/Declarat…/DeclarationDetails…
Businesses can take advantage of free assistance offered by SBA’s network of Resource Partners for help with preparing their loan applications. They may visit www.sba.gov/local-assistance to find local help.
The NYS Small Business Development Center network recommends submitting a request for assistance online at http://nyssbdc.org/appointment.html.
“Once again, please do not hesitate to reach out if you have any questions or would like more information,” the CRG states. “Stay safe and stay healthy.”
President Donald Trump had announced on Wednesday that at his direction, the SBA will offer small businesses impacted by coronavirus up to $2 million in Economic Injury Disaster Loan Assistance. Under the EIDL program, the SBA makes loans available to small businesses and private non-profit organizations in designated areas if a state to help alleviate economic injury from coronavirus.