Deadline to Apply for Disaster Loans Coming April 2

Written on March 6, 2020

The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that April 2 is the filing deadline for federal economic injury disaster loans in Ohio as a result of excessive rain and flooding on April 1 through July 3, 2019.

 

In our region, the loans are available in Allen and Auglaize Counties.

 

The loans are for working capital and can be up to $2 million with interest rates of 4 percent for eligible

small businesses and 2.75 percent for nonprofit organizations, and terms up to 30 years. 

 

Applicants may apply at the secure website Disaster Loan.sba.gov.


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