SBA Deadline Approaching for North Carolina Small Businesses Affected by Remnants of Tropical Storm Fred to Apply for Working Capital Disaster Loans
… physical damage. The loan amount can be up to $2 million with interest rates of 2.855 percent for small businesses and … 2 percent for private nonprofit organizations, with terms up to 30 years. The SBA determines eligibility … to replace lost sales or profits. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s …