SBA Offers Disaster Relief to New Jersey Small Businesses and Private Nonprofits Affected by Sinkholes on Interstate 80
… Administration (SBA) announced the availability of low interest federal disaster loans for small businesses and … a disaster.” The loan amount can be up to $2 million with interest rates are as low as 4% for small businesses and 3.625% for PNPs, with terms up to 30 years. Interest does not begin to accrue, and payments are not due, …