SBA Tops $600,000 in Disaster Assistance Loans
District Director
"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," said Sawyer.
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
These low-interest disaster loans are available in
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 apply for an SBA economic injury disaster loan is
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call
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