Yesterday Governor Brian P. Kemp announced that Georgia has received an official statewide disaster declaration from the U.S. Small Business Administration (SBA). This declaration will provide assistance in the form of SBA Economic Injury Disaster Loans to impacted small businesses in Fulton and all counties in Georgia.

"This is great news for Georgia small business owners," said Governor Kemp. "As we continue to navigate the impact of COVID-19 on our economy, small business owners can apply for much-needed funding to continue operation and pay their employees.”

The application is now live, and Georgia small business owners can go directly to the SBA for assistance. Small business owners should visit https://disasterloan.sba.gov/ela/ for information and the application.

“Small businesses are the heartbeat of Fulton County,” stated Robb Pitts, Chairman of the Fulton County Board of Commissioners. “We are working with both the state and federal governments to examine every available opportunity for relief for our businesses and workers.”

Loans are available for small business and non-profit organizations. While terms will be established on a case-by-case basis, many will have a thirty-year repayment term with first payments not due for up to twelve months. Businesses should expect to provide a tax transcript, financial statements, and a profit and loss statement. Interest rates will range from 2.75% to 3.75%.

In addition, Select Fulton is continually monitoring the COVID-19 (coronavirus disease) outbreak and its economic impact on metro Atlanta and Fulton County. The following information is designed to help metro Atlanta's businesses and employers as they navigate global health updates, public safety concerns, remote working and more. 

You can go to our website or connect with us via social media. Likewise, the following resources are available to businesses and employers:

Restore Your Economy Information: https://restoreyoureconomy.org/index.php?src=blog&srctype=detail&blogid=333

Centers for Diseases Control Interim Guidance for Businesses and Employers: https://www.cdc.gov/coronavirus/2019-ncov/community/organizations/businesses-employers.html

Facebook Small Business Grants Program: https://www.facebook.com/business/boost/grants

Metro Atlanta Chamber COVID-19 Resources: https://www.metroatlantachamber.com/