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President Trump Signs Second Phase of Coronavirus relief packages, SBA Disaster Relief Loans Available for Small Businesses

Contact: Scott Weldon (202)225-6572

Last night, President Trump signed into law the second phase of the Coronavirus relief packages. Included in this legislation are billions of dollars in assistance to small business owners for low-interest loans. Businesses in all counties in New Jersey are eligible for disaster relief funds. We are expecting a much larger funding package over the next few days to address the financial distress the Coronavirus pandemic has placed on working Americans and their families. The upcoming legislation will provide direct financial assistance to individuals and small businesses.

“This is just one step in the many actions we will need to take to fight this virus, to protect the economy, and to help everyone who needs it,” said Congressman Van Drew. “I will do everything in my power to ensure swift action on any future legislation so that we will overcome this crisis.”

SBA Disaster loan page:

Please follow this link: https://disasterloan.sba.gov/ela to apply for assistance.

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