This is a good option for startups as well. Keep in mind that the disaster loans also have new benefits approved today (no personal guarantee up to $200k, appro

This is a good option for startups as well. Keep in mind that the disaster loans also have new benefits approved today (no personal guarantee up to $200k, approval based on current credit score only, and more). It might make senses for startups to wait a few days and weigh each program. For very small teams, freelancers and sole proprietors, the disaster loans win out for its easier underwriting and approval process-- there is no need to go through a bank. But if I had a large team I would go with this option.