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IMPORTANT COVID-19 INFORMATION:

SBA Economic Injury Disaster Loan (EIDL):
All of Massachusetts and Rhode Island has been declared a Federal Disaster Area: Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Small businesses are encouraged to apply for EIDL and then request an Economic Injury Disaster Loan advance of up to $10,000.  The loan advance will provide economic relief to businesses impacted by the Covid-19 disaster and funds will be made available within 3 days and this loan advance will not have to be repaid.

The deadline to apply for an Economic Injury Disaster Loan is Dec. 18, 2020. For more information about Coronavirus, please visit: Coronavirus.gov. For more information about available SBA resources and services, please visit: SBA.gov/coronavirus.

MA District Office:
Ili Spahiu: Ili.Spahiu@sba.gov
Carlos Hernandez: carlos.hernandez@sba.gov
Dan Martiniello: Daniel.martiniello@sba.gov

RI District Office:
Joan Moran: Joan.Moran@sba.gov
Matt Spoehr: matthew.spoehr@sba.gov

 

SBA 504

Small Business Loans

The SBA 504 Program provides long term, low fixed interest rate, 90 percent financing to small businesses purchasing real estate or machinery and equipment.  Projects can range from $300,000 to $13.75 million. Most small businesses are eligible… read more

Small Loan Program

SEED Business Loans

Under the Small Loan Program, SEED provides loans up to $250,000 which can be used in conjunction with bank financing. The SEED portion of the project is generally 35 percent or less, although in cases where there is a larger financing gap, SEED’s… read more

Micro Loan Program

Small Business Loans

SEED is an Intermediary Lender under SBA’s Micro Loan Program. SEED has access to $5 million in loan funds to assist micro businesses. These loan funds are provided by the SBA, the CDFI Fund, the Commonwealth of Massachusetts and the… read more

Small Business Loans
As an extension to the Micro Loan Program, SEED provides small business assistance to start-up businesses and those in the first phase of development. With financing from the U.S. Small Business Administration (SBA), the Commonwealth of Massachusetts, Rhode Island Commerce Corporation, and the Rockland Trust Community Development, LLC, SEED conducts… read more

Small Business Loans

Workshops: In light of COVID-19, all SEED workshops will be postponed until further notice

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