SBA Deadline Approaching for Working Capital Loans in Parts of Massachusetts, Connecticut, New York and Vermont for May 2022 Drought and Excessive Heat
… conditions. The loan amount can be up to $2 million with interest rates of 2.935 percent for small businesses and … 1.875 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 the …