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Disaster relief deadline coming up for small businesses

Posted at 2:52 PM, Apr 08, 2019
and last updated 2019-04-08 15:55:40-04

OMAHA, Neb. (KMTV) — The U.S. Small Business Administration (SBA) says an important deadline is coming up for small businesses in Thurston County that are seeking disaster relief.

SBA Director Tanya Garfield wants to remind small businesses that May 7, 2019 will be the deadline to apply for an SBA federal disaster loan.

The loans are issued “for economic injury caused by severe storms and flooding in Thurston County that occurred June 25-30, 2018.”

The U.S. SBA says:

“These low-interest federal disaster loans are available in Burt, Cuming, Dakota, Dixon, Thurston and Wayne in Nebraska; and neighboring Monona and Woodbury counties in Iowa.”

The loans offer a 3.61 percent interest rate for small businesses and a 2.5 percent rate for private nonprofits for terms of up to 30 years.

Applicants can find more information and apply online at: https://disasterloan.sba.gov/ela [disasterloan.sba.gov]

You may also call 800-659-2955 for assistance and further information.