The funds, which could start being distributed within about two weeks, are meant to help keep companies afloat as Baltimore’s vital port remains closed to most maritime traffic, said Isabella Casillas Guzman, who heads the U.S. Small Business Administration.
Small businesses apply for federal loans after Key Bridge collapse in Baltimore
→
In an interview with The Associated Press on Friday, two days after she was sworn in, Isabella Casillas Guzman said her immediate focus is implementing the small business provisions in the $1.9 trillion coronavirus rescue package President Joseph Biden signed into law last week.
New SBA head plans changes at agency; focus now is COVID-19
→