Michigan Businesses Affected by Lack of Snow Can Apply for Working Capital Loans from the SBA
… in Dickinson County are eligible to apply for the same loan program under a declaration for Florence County, … loans for losses caused by the drought conditions. The loan amount can be up to $2 million. Interest rates are 4% … from the date of the initial disbursement. The SBA sets loan amounts and terms based on each applicant’s financial …