SBA Administrator Jovita Carranza On Coronavirus

The Dom Giordano Program
Tuesday, March 24th
United States Small Business Administrator Jovita Carranza joins the Dom Giordano Program to discuss how the SBA is working to help small businesses impacted by Coronavirus. Administrator Carranza explains Economic Injury Disaster Loans (EIDL), which can help small business owners meet necessary financial obligations that businesses or private, non-profit organizations could have met had the disaster not occurred. It provides relief from economic injury caused directly by the disaster and permits owners to maintain a reasonable working capital position during the period affected by the disaster. EIDLs do not replace lost sales or revenue. (Photo by Mark Wilson/Getty Images)