Rio Nuevo District Offers Small Business Administration (SBA) Loan Process Assistance

Latest News: 4/6/20 – Paycheck Protection Program Application Requirements

Latest News: 4/3/20 – Business Loan Program Temporary Changes: Paycheck Protection Program

During these uncertain times it’s important to know there are multiple resources available in the community to help small businesses. The Rio Nuevo District is also an outlet to assist District merchants during these unprecedented times.

Rio Nuevo is providing help to alleviate pressures of the SBA loan completion process with free assistance in navigating the Economic Injury Disaster Loans and Paycheck Protection Program. These loans help cover payroll costs, paid sick leave, employee salaries, health insurance premiums, rent, utilities, and mortgage interest payments.

Rio Nuevo will assist with step-by-step instructions on how to complete the SBA loans offered through the U.S. Small Business Administration in response to COVID-19.

If you are interested in receiving support in completing the stimulus package loan documents please contact brandihb@rionuevo-tucson.org or (520) 623-7336 to schedule a video conference appointment to assist in the loan process.

To better assist you in the process please review each program/loan offered.

Paycheck Protection Program            Economic Injury Disaster Loan

If you are unable to submit a Paycheck Protection Program loan request through your bank, we suggest you try these National, Non-Bank, Direct Commercial Lenders:

1. https://www.lendio.com/covid-relief/sba-paycheck-protection-program-loans/

2. https://getdivvy.com/covid-19/

We also encourage merchants to visit Tucson Metro Chamber and City of Tucson for a list of programs available to help local businesses affected by the slowing of the economy.

This information is supplied to inform our merchants. However, the exact terms of loans are determined solely by the lender(s) and Rio Nuevo can make no representation as to the accuracy or completeness of any information obtained herein. 

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