|The Youngstown Business Incubator has compiled a list of resources to help you keep up to date on COVID-19 resources. These links should provide you up to date information as things are changing rapidly. |
At this time, Ohio is not listed on the SBA Disaster site, however when that gets updated, please follow the link below to apply. The State of Ohio is in the process of applying the Economic Injury Disaster Loan package. It is expected that the SBA will need to review and this could take 72 hours. It is expected that information regarding loan availability will come online towards the end of this week.
It is important to understand that these will be loans, requiring repayment. Loan rates are expected to be low and may have extended terms to aid cash flow.
As we get additional information we will make it available here and through our email distribution.
At YBI, we are here to help! Please contact us with any questions regarding your business or startup idea. We want to help you as best as we can during these times, regardless of the type of business you have. We are working closely with the entire Jumpstart Network of Entrepreneurial Resource Organizations, Minority Business Assistance Centers, and other resource partners as we monitor this COVID-19 situation.
We get it. This is a very stressful time for everyone. We ALL are impacted. If there is anything we can do for you during this time, please reach out. We are more than happy to plan a call or video conference to discuss any of your current business needs or help you put together a plan of action to help keep your business going during this time.
Stay safe & stay healthy,
– The Youngstown Business Incubator Team