Governor Carney requesting federal assistance for small businesses

WILMINGTON, Del. – On Monday, Delaware Governor John Carney formally requested the U.S. Small Business Administration to provide Delaware an Economy Injury Declaration, which would make loans available to small businesses and nonprofit organizations in the state.

“We know that the public health restrictions we put in place to reduce the spread of coronavirus will hit Delaware’s small business community especially hard,” said Governor Carney. “We will continue to work with the Small Business Administration, and with our congressional delegation and state agencies, to provide relief to those small businesses impacted during this time.”

We’re told that Carney has directed the Delaware Division of Small Business and Delaware Department of State to look for additional opportunities to support the state’s 25,000 small businesses. Once approved, the low-interest loans of up to $2 million per business will be available for small businesses and nonprofits that have suffered economically as a result of the coronavirus outbreak.