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https://www.sba.gov/article/2023/06/15/sba-business-recovery-centers-temporarily-close-observance-juneteenth-holiday… replace disaster-damaged or destroyed personal property. Interest rates are as low as 4 percent for businesses, 2.375 … change granting 12 months of no payments and 0 percent interest. This policy change will benefit disaster survivors … overall cost of recovery by reducing the amount of accrued interest they must repay. Details are available through the …
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Deadline Approaching in California for SBA Working Capital Loans Due to Monsoon, Heavy Rain and Flash Flooding
https://www.sba.gov/article/2024/11/25/deadline-approaching-california-sba-working-capital-loans-due-monsoon-heavy-rain-flash-flooding… SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of … suffered any property damage,” Sánchez added. The interest rate is 4 percent for businesses and 3.25 percent … -
Deadline Approaching in Iowa for SBA Disaster Loans for Property Damage Due to Severe Storms, Flooding, Straight line Winds and Tornadoes
https://www.sba.gov/article/2024/10/30/deadline-approaching-iowa-sba-disaster-loans-property-damage-due-severe-storms-flooding-straight… destroyed personal property, including personal vehicles. Interest rates can be as low as 4 percent for businesses, … SBA and are based on each applicant’s financial condition. Interest does not begin to accrue until 12 months from the … -
SBA Economic Injury Disaster Loans Available to Nevada Small Businesses
https://www.sba.gov/article/2024/12/10/sba-economic-injury-disaster-loans-available-nevada-small-businesses… California and Utah are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business … and not on any actual property damage. These loans have an interest rate of 4 percent for businesses and 3.25 percent for private … -
SBA Offers Disaster Assistance to Texas Businesses and Residents Affected by Severe Storms, Straight line Winds, Tornadoes and Flooding
https://www.sba.gov/article/2024/08/07/sba-offers-disaster-assistance-texas-businesses-residents-affected-severe-storms-straight-line-winds… Winds, Tornadoes and Flooding SACRAMENTO, Calif. – Low-interest federal disaster loans are available to Texas … help businesses and communities recover and rebuild.” “Low-interest federal disaster loans are available to businesses … destroyed personal property, including personal vehicles. Interest rates can be as low as 4 percent for businesses, … -
Disaster Loans Available to Businesses and Residents in Northampton County, Pennsylvania
https://www.sba.gov/article/2023/10/06/disaster-loans-available-businesses-residents-northampton-county-pennsylvania… flooding on July 15-16, are eligible to apply for low-interest disaster loans from the U.S. Small Business … residents in the declared area can now apply for low-interest disaster loans from the SBA. The declaration … help protect property and occupants from future damage. Interest rates are as low as 4 % for businesses, 2.375 % for … -
SBA Tops $60 Million in Disaster Assistance Loans for Severe Storms, Flooding, Straight-line Winds and Tornadoes
https://www.sba.gov/article/2024/10/02/sba-tops-60-million-disaster-assistance-loans-severe-storms-flooding-straight-line-winds-tornadoes… destroyed personal property, including personal vehicles. Interest rates can be as low as 4 percent for businesses, … SBA and are based on each applicant’s financial condition. Interest does not begin to accrue until 12 months from the … -
Minnesota Businesses Affected by Lack of Snow Can Apply for Working Capital Loans from the SBA
https://www.sba.gov/article/2024/03/18/minnesota-businesses-affected-lack-snow-can-apply-working-capital-loans-sba… conditions. The loan amount can be up to $2 million. Interest rates are 4% for small businesses and 2.375% for … nonprofit organizations, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are … -
SBA Adds More Counties to Maryland Disaster Declaration for the Francis Scott Key Bridge Collapse
https://www.sba.gov/article/2024/05/06/sba-adds-more-counties-maryland-disaster-declaration-francis-scott-key-bridge-collapse… Virginia businesses to be eligible to apply for SBA’s low-interest Economic Injury Disaster Loans. The declaration … and not on any actual property damage. These loans have an interest rate of 4% for small businesses and 3.25% for private … -
SBA Offers Disaster Assistance to California Small Businesses Economically Impacted by the Topanga Landslide and Closure of State Route 27
https://www.sba.gov/article/2024/07/03/sba-offers-disaster-assistance-california-small-businesses-economically-impacted-topanga-landslide… – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small … customer-centric approach to help these businesses.” “Low-interest federal disaster loans are available to help meet … any actual property damage. These loans have an interest rate of 4 percent for small businesses and 3.25 percent for … -
SBA Declares Disaster for Those Affected by Tornadoes in South Carolina
https://www.sba.gov/article/2024/03/26/sba-declares-disaster-those-affected-tornadoes-south-carolina… by tornadoes on Jan. 9 are eligible to apply for low-interest disaster loans from the U.S. Small Business … and residents in the declared area can now apply for low-interest disaster loans from the SBA. The declaration covers … help protect property and occupants from future damage. Interest rates are as low as 4% for businesses, 3.25% for … -
SBA Business Recovery Centers in Mississippi Closing for Labor Day
https://www.sba.gov/article/2023/08/31/sba-business-recovery-centers-mississippi-closing-labor-day… replace disaster-damaged or destroyed personal property. Interest rates are as low as 4% for businesses, 2.375% for … SBA and are based on each applicant’s financial condition. Interest does not begin to accrue until 12 months from the … -
SBA Offers Disaster Assistance to Kansas Businesses and Residents Affected by the Westmoreland Tornado
https://www.sba.gov/article/2024/05/17/sba-offers-disaster-assistance-kansas-businesses-residents-affected-westmoreland-tornado… by the Westmoreland Tornado SACRAMENTO, Calif. – Low-interest federal disaster loans are available to Kansas … help businesses and communities recover and rebuild.” “Low-interest federal disaster loans are available to businesses … destroyed personal property, including personal vehicles. Interest rates can be as low as 4 percent for businesses, … -
Deadline Approaching in Louisiana for SBA Working Capital Loans Due to Drought
https://www.sba.gov/article/2024/05/24/deadline-approaching-louisiana-sba-working-capital-loans-due-drought… SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of … suffered any property damage,” Sánchez added. The interest rate is 4 percent for businesses and 2.375 percent … -
Statement of Hon. Eric M. Thorson, Inspector General, U.S. Small Business Administration Before the Committee on Small Business and Entrepreneurship United States Senate July 25, 2007
https://www.sba.gov/article/2007/jul/25/statement-hon-eric-m-thorson-inspector-general-us-small-business-administration-committee-small… examined whether SBA took proper steps to protect its interest in collateral on secured loans. We focused on SBA’s … that the MEO performed within the 2 percent exception rate. Our audit determined that the QAR process was … altered, lowering the MEO’s true 4.8 percent exception rate for the 246 QARs to 0.6 percent. The 0.6 percent rate … -
SBA Physical Deadline Approaching June 6 for Tennesseans To Apply for a Disaster Loan
https://www.sba.gov/article/2023/05/12/sba-physical-deadline-approaching-june-6-tennesseans-apply-disaster-loan… replace disaster-damaged or destroyed personal property. Interest rates are as low as 4 percent for businesses, 2.375 … change granting 12 months of no payments and 0 percent interest. This policy change will benefit disaster survivors … overall cost of recovery by reducing the amount of accrued interest they must repay. Details are available through the … -
SBA Opens Disaster Loan Outreach Center in Kentucky
https://www.sba.gov/article/2024/07/03/sba-opens-disaster-loan-outreach-center-kentucky… help protect property and occupants from future damage. Interest rates are as low as 4% for businesses, 3.25% for … for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are … -
SBA Offers Economic Assistance to Rhode Island Small Businesses Affected by the Washington Bridge Closure
https://www.sba.gov/article/2023/12/19/sba-offers-economic-assistance-rhode-island-small-businesses-affected-washington-bridge-closure… County on Dec. 11, 2023 , and continuing may apply for low-interest, long-term Economic Injury Disaster Loans from the … applicants in the declared area can now apply for low-interest, long-term Economic Injury Disaster Loans (EIDLs) … to thrive during this holiday season,” he continued. Interest rates are 4 % for businesses and 2.375% for … -
SBA Opens Two Business Recovery Centers to Support Small Businesses Amid Francis Scott Key Bridge Collapse
https://www.sba.gov/article/2024/04/01/sba-opens-two-business-recovery-centers-support-small-businesses-amid-francis-scott-key-bridge… and not on any actual property damage. These loans have an interest rate of 4% for small businesses and 3.25% for private … ability to offset the adverse impact without hardship. Interest does not begin to accrue until 12 months from the … -
SBA Offers Disaster Assistance to Businesses and Residents of West Virginia
https://www.sba.gov/article/2024/05/25/sba-offers-disaster-assistance-businesses-residents-west-virginia… Businesses and Residents of West Virginia WASHINGTON – Low-interest disaster loans from the U.S. Small Business … covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan … replace disaster-damaged or destroyed personal property. Interest rates are as low as 4% for businesses, 3.25% for …