April 23, 2024

Small businesses to apply for SBA loans

SACRAMENTO, Calif. — The U.S. Small Business Administration is reminding small, non-farm businesses in 70 Iowa counties — including Jasper — and neighboring counties in Illinois and Missouri that they have until Aug. 11 to apply for an Economic Injury Disaster Loan.

These loans are to offset economic losses because of reduced revenues to farmers and ranchers caused by drought that occurred from Aug. 27 to Oct. 28, 2013.

Small, non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private, nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.

For owners of these impacted small businesses, disaster loan information and application forms are also available by emailing disastercustomerservice@sba.gov.

For more information about SBA's disaster assistance programs, visit www.sba.gov/disaster.