SBA tornado disaster loan application deadline June 25
According to a Thursday press release, the agency encourages businesses, nonprofits, homeowners and renters to apply for a loan for any physical property damage from the
The federal disaster declaration for the tornado covers
Businesses and nonprofits can apply for up to
Homeowners can apply for up to
Interest rates for the loans are as low as 3.58 percent for businesses, 2.5 percent for nonprofits and 1.81 percent for homeowners and renters, with terms up to 30 years.
Besides SBA loans, residents also have until
Residents can apply for an SBA loan at www.disasterloan.sba.gov.
To be considered for all forms of disaster assistance, applicants should also register online at www.disasterassistance.gov or download the
Staff writer
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