• Local Produce
  • Buy Local
  • Local Seafood
  • Local Food
  • Local Music
  • Local Art
  • Local Churches

CAPE CHARLES MIRROR

Reflections on Cape Charles and the Eastern Shore

  • Local Services
  • Local Rentals
  • Local Employment
  • News
  • Opinion
  • Classifieds
  • PODCAST
  • Pets
  • Contact Us

Governor Northam Requests Declaration to Assist Small Businesses Affected by COVID-19

March 22, 2020 by Wayne Creed Leave a Comment

Request comes a day after Congresswoman Luria advises Governor Northam to submit the request

WASHINGTON, D.C.  – Today, Governor Ralph Northam requested an Economic Disaster Loan Declaration for the Commonwealth of Virginia. This comes a day after Congresswoman Luria sent a letter to the Governor urging him to submit this request. An Economic Disaster Loan Declaration would ensure impacted small businesses are eligible to receive emergency resources now available from the Coronavirus Preparedness and Response Supplemental Appropriations Act signed into law earlier this month.

“Small businesses are the bedrock of our Coastal Virginia economy, and we must act quickly and decisively to help them during this public health crisis,” said Congresswoman Luria. “I am pleased that the Governor is taking advantage of federal government resources by asking the Small Business Administration to issue an Economic Injury Disaster Loan declaration.”

On March 6, the President signed the Coronavirus Preparedness and Response Supplemental Appropriations Act into law. This bill contains emergency funding to research and develop vaccines and treatments for COVID-19. It also established an Economic Injury Disaster Loan program to assist small businesses with the economic fallout caused by the COVID-19 pandemic.

The Economic Injury Disaster Loan program provides low-interest loans of up to $2 million to small businesses devastated by the aftereffects of a disaster such as the COVID-19 pandemic. To qualify, businesses must not have access to other sources of credit. This program is administered by the Small Business Administration and is activated by a request from the state or territory’s governor.

Filed Under: Bottom, News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Join the Conversation!

Send letters, opinion, goings on or photos to capecharlesmirror@gmail.com

Mirrors

Recent Comments

  • Paul Plante on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Ray Otton on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Bob on IOWA to Biden: Migrants Not My Problem
  • Bob on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Deborah Ettinger on WELL Health-Safety seal: what in the New World Order Hell is This?
  • Paul Plante on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Herb Thom on Town to Review Speed Limit Near Brewery
  • Va Cruiser on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Stuart Bell on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Paul Plante on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Paul Plante on IOWA to Biden: Migrants Not My Problem
  • Paul Plante on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Va Cruiser on Accident Highlights Need for Traffic Light at Food Lion
  • Paul Plante on Town Looks to Update Schedule of Fines
  • Carla Jasper on Op-Ed: Congress Must Pass the ‘For the People Act’
  • Brett on IOWA to Biden: Migrants Not My Problem
  • don green on Pet of the Week: Meet Princess
  • Phil B on Black Lives Matter Founder Moves to Whitest Place in America
  • Ken Leland on Town Looks to Update Schedule of Fines
  • Paul Plante on Op-Ed: Congress Must Pass the ‘For the People Act’

Trending Now

  • Accident Highlights Need for Traffic Light at Food Lion
  • Town to Review Speed Limit Near Brewery
  • Conditional Use Permits for Apartments in the Historic District
  • Town Looks to Update Schedule of Fines
  • IOWA to Biden: Migrants Not My Problem
  • Op-Ed: Congress Must Pass the ‘For the People Act’
  • How Prevalent is Racism in America?
  • Northampton Schools ask for Additional $159,000
  • Virginia's Recreational Fishing Regulations For Marine Waters
  • Ellen O’Brien Appointed Interim Councilwoman

Subscribe to CC Mirror via Email

Enter your email address to subscribe

Copyright © 2021 · News Pro Theme on Genesis Framework · WordPress · Log in