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SBA urges flood-affected Simpson County residents and businesses to apply for disaster loans before deadline
Summary
A U.S. Small Business Administration public affairs specialist told the Fiscal Court that low-interest disaster loans covering losses not paid by insurance or FEMA are available, that loans up to $50,000 require no collateral or closing costs, and that the Fiscal Damage Loans deadline is April 25 (with a 60-day grace period).
Brian Beard, a public affairs specialist with the U.S. Small Business Administration, told Simpson County Fiscal Court on April 15 that SBA disaster loans remain available to residents and businesses affected by February flooding and urged prompt applications.
Beard said SBA…
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