SBA Relief Still Available to Tennessee Private Nonprofits Affected by May Storms
… not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills … could have been paid had the disaster not occurred. The loan amount can be up to $2 million with interest rates as … are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amount terms based on …