SBA Disaster Assistance Loans Available for Businesses - Alabama News

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The Small Business Administration wants to help business owners impacted by the January 12 tornado pick up the pieces after the disaster. alnews alabamanewsnetwork

From the West Alabama Newsroom–

A week later Pratt had found a new location on Highland Avenue. Then began working to get it ready — so he could reopen his business — as soon as possible. However — there is financial assistance available — to businesses of all sizes impacted by the tornado. The Small Business Administration provides long-term, low interest loans — to help businesses recover from the disaster.

“And if they receive the loan, they don’t have to make a payment until 12 months after their initial disbursement of their loan.”

 

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