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January 15, 2018 8:00 AM

Small Business Loans due to Hurricane Harvey

If you are a business owner and have or are currently experiencing a business slowdown due to Hurricane Harvey, you may be eligible for a very low interest rate Economic Injury Disaster Loan from the US Small Business Administration. These loans are designed for small businesses to provide working capital for everyday expenses which may be unmet because of the hurricane.

Small businesses may borrow up to $2 million, with an interest rate is as low as 3.305 percent, no payments for the first year, and with repayment terms up to 30 years. The deadline for applying is rapidly approaching – May 25. For more information call 1-800-659-2955 or visit SBA.GOV/Harvey.

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