The loans are meant to offset economic losses related to the drought that began
Those who may qualify for loans include small nonfarm businesses, agricultural cooperatives, small aquaculture businesses and most private, nonprofit organizations. Businesses primarily engaged in farming or ranching are not eligible for the SBA disaster assistance.
Loans are available for up to
"SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster," said
Applicants may apply online at disasterloan.sba.gov or by calling (800) 659-2955.
(c)2014 The Sacramento Bee (Sacramento, Calif.)
Visit The Sacramento Bee (Sacramento, Calif.) at www.sacbee.com
Distributed by MCT Information Services