March 30, 2020
Dear Valued Customer,
To support the ability of small businesses to weather the challenges posed by the Coronavirus (COVID-19) pandemic, the U.S. Small Business Administration has created a new COVID-19 Economic Injury Disaster Loan Program to provide eligible businesses with forgivable working capital loans to offset lost revenue streams and to help them keep workers on their payroll.
A high-level outline of the new Loan Program is attached. Further details, as well as a list of participating lenders, can be found at the SBA Loan Program website, which you can access here.
This new Loan Program may be a valuable tool for you to make use of to gain near-term liquidity should you need it and we would ask that you consider this option.
We will work with you to help facilitate any SBA borrowings you may seek under this Program and will be sure to keep you informed of any other new programs as we become aware of them.
Vice President, General Manager Jetstream of Houston
Click here to view a high-level outline of the new Loan Program.