SBA Deadline Approaching for Michigan Small Businesses to Apply for Working Capital Loans Affected by Severe Storms, Flooding and Tornadoes
… Clair, Washtenaw and Wayne counties in Michigan . The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … profits. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at …