United Group Insurance

S-B-A Loans Approved For Eight Counties Hit By Storms

News

April 26th, 2023 by Ric Hanson

(Radio Iowa) – The U-S Small Business Administration (SBA) has granted the governor’s request to provide assistance in the form of low-interest disaster loans for eight counties impacted by the March 31st tornadoes. Homeowners, renters, businesses, and most nonprofit organizations in Benton, Cedar, Iowa, Johnson, Linn, Louisa, Muscatine, and Washington counties, whose property was damaged or destroyed by this disaster, will be able to apply for low-interest disaster loans from the S-B-A.

Small businesses, agricultural cooperatives, and most private, nonprofit organizations impacted by the severe weather will be eligible to apply for working capital loans.