SBA Offers a Lifeline to Minnesota Businesses Hit by Heavy Rains: Low Interest Disaster Loans Now Available!
… Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small … bounce back and thrive after a disaster strikes.” The loan amount can be up to $2 million with interest rates of 4% … are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based …