Here’s how some lenders are helping small businesses during coronavirus slowdown

As small businesses like restaurants and bars bear the brunt of the coronavirus-related economic slowdown, banks and federal agencies are stepping in to lend a hand.

Tim Jeffcoat, Houston District Office director for the U.S. Small Business Administration, told the Houston Business Journal that whether it’s a hurricane or a global pandemic, the SBA is ready to step in and help during a disaster. Unlike previous disasters in the area, the SBA won’t be setting up physical business recovery centers…