AL 16172 - SBA Working Capital Loans Available in Alabama Following Secretary of Agriculture Disaster Declaration for October 1 Drought
… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of 4 … condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills …