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SBA officials outline disaster‑loan help for Crawford County small businesses
Summary
U.S. Small Business Administration staff told the Crawford County Commission that small businesses and nonprofits affected by recent storms can apply for Economic Injury Disaster Loans up to $2 million, with rates "as low as 4%," terms up to 30 years and a 12‑month payment deferment; applicants should call 1‑800‑659‑2599 or visit sba.gov/disaster.
At the December meeting of the Crawford County Commission, representatives from the U.S. Small Business Administration’s Office of Disaster Recovery and Resilience described federal loan options for small businesses and nonprofit organizations that suffered economic injury from recent storms.
Matt Lambert of the SBA told commissioners the agency is "the largest provider of federal funding for disaster relief through low interest loans" and said Economic Injury Disaster Loans can be for up to…
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