This email was just sent to the Regions to pass on to their clubs. It appears it is for those clubs set up as For-Profit. Non-Profit clubs do not qualify.

Dear Regional Leadership,

Please see the message below that the NGB’s received from the USOPC regarding potential Small Business Administration loans that could be available to volleyball clubs:

The small business loan assistance provided by the Small Business Administration (SBA) are not available to NGBs because of their status’ as nonprofits. After further research, some NGB clubs are set up as for profits, which means they might qualify. 

The Small Business Administration is offering disaster assistance loans related to the coronavirus/COVID-19. The link takes the user to a page with an additional COVID Aid link at the top of the page. The user should follow the link.

According to the Congressional Research Service, the SBA has defined “Small Business” as (see page 8):

• organized for profit;
• has a place of business in the United States;
• operates primarily within the United States or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials, or labor;
• is independently owned and operated;
• is not dominant in its field on a national basis;
• does not exceed size standards established, and updated periodically, by the SBA

Please forward to the clubs in your region whom you think could potentially benefit from this resource.

Thanks and stay well!

Jamie Davis

CEO of USA Volleyball