CAA News Today
Action Alert: Please contact your Congress Representatives
posted by admin — Oct 16, 2005
United States Small Business Administration (SBA) [http://www.sba.gov/index.html] Arts organizations currently can immediately pursue low-interest Physical Disaster Business Loans from SBA, which cover property losses that are not insured or are underinsured. Unfortunately, nonprofit groups are not allowed to apply for SBA Economic Injury loans, which provide working capital. A coalition led by the YMCA of the USA has been formed to try to change this policy. To learn more and to get talking points for writing your representatives please click here.