SBA Working Capital Loans Still Available to California Businesses Impacted by Highway 1 Collapse and Closure
… Sánchez, Jr. , associate administrator for the Office of Disaster Recovery and Resilience at the SBA. “These loans … loan amount can be up to $2 million with interest rates of 4% for small businesses and 3.25% for PNPs, with terms up … and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and …