SBA Loans

SMALL BUSINESS ASSOCIATION LOANS

The U.S. Small Business Administration will offer low-interest federal disaster loans for working capital to Mississippi small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), according to SBA Administrator Jovita Carranza. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following Governor Reeves’ request on March 18, 2020.

Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.

Applicants may apply online, receive additional disaster assistance information and download applications by Clicking Here. 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.

Deadline to apply is December 21, 2020.



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  • This is a very business friendly area and the LINK is an excellent resource staffed with very passionate people that also know their business extremely well and they’re creative. They understand the need for speed and necessity to minimize upfront costs of building or expanding a business. As a result, GTR LINK has been very successful in bringing good manufacturing jobs to the Golden Triangle Region.

    Madhu Ranade

    General Manager and Vice President at Steel Dynamics, Inc., Columbus Flat Roll Division

  • The workforce in Mississippi is exceptional. I’ve hired many veterans that worked in aviation during their military careers and moved back home to the Golden Triangle area. Airbus was able to use their skill sets and put them to work building multi-million dollar aircraft. The training that EMCC offers was so valuable to us, because they enabled our people to be trained in a variety of disciplines. This allowed for some of our people that had no aviation skills to be trained and hired as apprentices and grew our work force development program. People drive up to 75 miles to work for Airbus, demonstrating the work ethic and commitment of the men and women who live in Mississippi. We are very grateful for the caliber of people we are able to work with.

    Rob Boman

    Head of HR, Environment, Health & Safety

  • The PACCAR Engine Company continues to enjoy great success in hiring, training, and keeping local talent. From Assembly Operators associates, Machining Operators, to Craft Technicians, we have experienced a positive and dedicated workforce willing to learn new skills. Attracting quality new associates has not been an issue with us, but we face the same nation-wide challenges in finding associates with skilled trades. We are pleased for the results we have achieved by locating our facilities here.

    Mike Arzamendi

    Communication & Training Manager

  • The Golden Triangle region has offered us a very energetic workforce with a great work ethic. There has been an abundant supply of laborers and skilled candidates, all willing to learn. Through various resources in the area we have always found what we needed and our employees are dedicated to the success of our plant.

    Ray Hamer

    Human Resources Director, Steel Dynamics, Inc., Columbus Flat Roll Division

  • They’re [GTR LINK] very responsive to companies and their needs for getting questions answers and providing data and resources.

    Alan Easome

    Senior Director, New Plant Development, Yokohama Corporation of North America