SBA Tops $150 Million in Disaster Assistance Loans
Director
According to Garfield, SBA has approved
Garfield said, "Although the deadline to apply for property damage loans has expired, small businesses and most private nonprofit organizations of any size may continue to apply for an Economic Injury Disaster Loan to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business or nonprofit organization suffered any property damage."
Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for an Economic Injury Disaster Loan of up to
The interest rate is 3.305 percent for businesses and 2.5 percent for private nonprofit organizations with terms up to 30 years. The deadline to submit an Economic Injury Disaster Loan application is
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call
Artificial Intelligence: Commission Kicks Off Work on Marrying Cutting-Edge Technology and Ethical Standards
Insurance Distribution: Council Delays Application of New Rules
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News