Rhode Island Businesses Hit by Last Winter’s Storms: Last Chance to Apply for an SBA Disaster Loan
… Sánchez, Jr. , associate administrator for the Office of Disaster Recovery and Resilience at the SBA. “These loans … Loan amounts can be up to $2 million with interest rates of 4% for small businesses and 3.25% for private nonprofit … payments are not due until twelve months from the date of the initial disbursement. The SBA determines eligibility …