N.C. SBA director on the Covid-19 relief 'marathon,' what businesses need to know now

The U.S. Small Business Administration is playing a critical role as North Carolina business owners struggle through Covid-19. First was Gov. Roy Cooper's request for a statewide disaster declaration in mid-March. The SBA answered with its Economic Injury Disaster Loan program, which offers low-interest loans at a 30-year maximum for up to $2 million. This program historically deals with regional disasters, not those stretching across the state. The SBA also disbursed advance grants for up to $10,000.…