SBA Offers Lifeline to Drought-Impacted North Carolina Businesses with Low-Interest Loans
… losses from drought and extreme heat that occurred on May 7 through Aug. 2. The declaration includes the primary … Beach in Virginia. “When farmers face crop losses and a disaster is declared by the Secretary of Agriculture, SBA … for EIDLs for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of 4% …