Small business tornado assistance is coming
SBA representatives have met with
Now, word has come through from the SBA, said
"This does look like the declaration we were looking for," Allen said late Tuesday morning.
SBA personnel have already begun looking for spaces to work here in town, and a online portal for loan applications will be set up, she said.
"Our big message to our businesses is: Apply for the loan," Allen said. "Even if you don't think you need it. If you are approved for a loan, you don't have to take the money, but it at least opens up options and opportunities for you down the road if you find you need it."
Allen said her understanding all along was that SBA low-interest loans would be made available if
"My understanding was that if there were a federal disaster declaration, that all of that kind of goes hand in hand, the
President
"We're essentially looking at low-interest loan assistance for our businesses, whether they had physical damage or a loss of productivity because they were out of power or out of water for a period of time," Allen said.
A message seeking comment was left with a spokeswoman for the
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