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<p class="MsoNormal"><span style="color:#1F497D">Thank you Sheri.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Stay safe and healthy.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Carrie<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b>From:</b> OMS_MANAGERS <oms_managers-bounces@listsmart.osl.state.or.us>
<b>On Behalf Of </b>STUART Sheri * OPRD via OMS_MANAGERS<br>
<b>Sent:</b> Friday, March 20, 2020 1:11 PM<br>
<b>To:</b> Oregon Main Street program managers <oms_managers@listsmart.osl.state.or.us><br>
<b>Subject:</b> [OMS_MANAGERS] Oregon has received an SBA EIDL declaration for COVID-19<br>
<b>Importance:</b> High<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><u><span style="font-size:12.0pt;color:red">This message is being forwarded over the OMS listserv. All responses will be over the listserv.<o:p></o:p></span></u></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:black">Attached please see information about Small Business Administration funding available now for businesses in Oregon impacted by the coronavirus outbreak.
</span><span style="font-size:12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;color:#1F497D"><a href="https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=6063989&direct=false">https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=6063989&direct=false</a><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:black">The applications can be filled out online or there is assistance through Small Business Development Centers. These loans may be used to pay fixed debts, payroll, accounts payable and other bills
that can’t be paid because of the disaster’s impact. The interest rate is <b>3.75% for small businesses</b>. The interest rate for
<b>non-profits is 2.75%.</b> SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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