As government officials work to gain control over the public health crisis created by the COVID-19 pandemic, small business owners throughout Georgia struggle to keep their businesses afloat and their workers employed. The sharp revenue losses businesses now face may only be temporary, but the lack of working capital could force many businesses to permanently shut their doors and layoff their employees. Some much-needed help has arrived for owners of small businesses and non-profit organizations in Atlanta and throughout the state. Low-interest loans for businesses affected by Coronavirus or COVID-19 are available through the U.S. Small Business Administration disaster loan program in Georgia and other designated states. Small businesses and non-profit organizations in need of economic support to overcome a lack of working capital due to the temporary loss of revenue caused by the COVID-19 pandemic may borrow up to $2 million. The low-interest loans can be used to provide critically needed working capital to cover payroll, pay rent and other fixed expenses, purchase inventory, and keep their businesses afloat during this time of crisis. Loans are available at 3.75% for small businesses and 2.75% for non-profits. Repayment terms have been made flexible and determined on a case-by-case basis to keep them affordable with a maximum term of 30 years. More information about the SBA Economic Injury Disaster Assistance and online applications may be found at the SBA website. We continue to be available by telephone during the current health crisis to answer any questions you may have about distress matters pertaining to your business.