Minnesota Businesses Affected by Lack of Snow Can Apply for Working Capital Loans from the SBA
… by the drought conditions. The loan amount can be up to $2 million. Interest rates are 4% for small businesses … and 2.375% for private nonprofit organizations, with terms up to 30 years. Interest does not begin to accrue, and … owners with the resources and support they need to start, grow or expand their businesses, or recover from a …