Small Business Development Center

The Small Business Development Center located at Eastern Iowa Community Colleges offers one-on-one counseling that can be done online and/or with conference calls. It can help you through the application process or other business issues (buying/selling/marketing/HR issues, applying for business loans, buying/selling their business).

To take advantage of our no cost and confidential services send an email or make a phone call. Our email is sbdc@eicc.edu and phone is 563-336-3401.

The Iowa SBDC has information available online at iowasbdc.org/covid19

The U.S. Small Business Administration has developed a variety of resources to assist Small Business Owners including disaster loan assistance. sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

Small Business Association (SBA) Economic Injury Disaster Loans


SBA Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

To apply (you will be applying directly to the SBA) businesses should be gathering data now and if a disaster declaration is declared by the governor, then they are ready to apply immediately.

  • Last three years of federal tax returns for your business.
  • Last three years of personal federal tax returns.
  • A Personal Financial Statement.
  • Current year-to-date profit-and loss statement
  • MONTHLY sales figures are required to when requesting economic injury requests
  • A Personal Financial Statement.
  • Articles of Incorporation (each entity having 20 percent or more are required to also file). 
  • A Business Plan with Financial Projections might be helpful, but probably not required.

 

Chambers of Commerce

We also encourage you to explore the resources available through your local Chambers of Commerce. Many have devoted pages on their website addressing issues related to COVID-19.

Greater Muscatine Chamber of Commerce and Industry

Quad Cities Chamber

Clinton Area Chamber of Commerce

Maquoketa Chamber of Commerce