David Hincapie, Economic Development Specialist, discusses SBA COVID-19 response loans

David Hincapie, Economic Development Specialist with the U.S. Small Business Administration (SBA) discusses updates to the SBA and CARES Act Loan programs in response to COVID-19. Vernon and David discuss the Economic Injury Disaster Loan, Paycheck Protection Program, and SBA programs that address disenfranchised populations. The Small Business Administration (SBA) has announced new programs created by the Coronavirus Aid, Relief and Economic Security (CARES) Act, to support small businesses during the COVID-19 pandemic crisis. David shares updated information regarding the programs, the application process and reviews the eligibility requirements for cooperative businesses non-profit entities; and Self Employee and Gig-worker programs