SBA Physical Deadline Approaching in Michigan for Businesses and Residents Affected by May Tornado
… damage disaster loans. Anyone in the declared counties with physical property damage caused by the tornado on May 20 … and 1.688 percent for homeowners and renters, with terms up to 30 years. Loan amounts and terms are set by … each applicant’s financial condition. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s …