Luria presses SBA on minority-owned businesses, Economic Injury Disaster Loan Program - Elaine for Congress

Luria presses SBA on minority-owned businesses, Economic Injury Disaster Loan Program

Congresswoman Elaine Luria, D-Va., sent a letter Monday to Small Business Administration Administrator Jovita Carranza to demand answers regarding recent SBA actions that limit the effectiveness of Economic Injury Disaster Loan program, including for minority-owned businesses.

“As a former small business owner, I understand the frustrations that small business owners across Coastal Virginia feel during these trying times,” Luria said. “The SBA’s administration of EIDL and EIDL emergency advance grants has made critical relief programs difficult to access. Minority-owned businesses have been hit hardest by this pandemic but are receiving less support. SBA must address these issues immediately.”

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