How to Get Help With Disaster Loans, Small Business Administration Help Centers Open Monday

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The U.S. Small Business Administration issued a disaster declaration in Dallas and surrounding counties as a result of severe storms and flooding in August.

. Now North Texas businesses impacted by the storms on Aug. 22 through Aug. 25 can apply for low-interest loans to help with recovery.

For businesses and nonprofits, there are two options. One loan covers property damage the other covers economic injury and the maximum is $2 million dollars. "They can recover their losses with this working capital loan so that's the reason why we're accommodating that, because if your business was closed during that time period or anything that suffered they can get that," said Barbara Nitis with the SBA's Office of Disaster Assistance.Download NBC 5 Dallas-Fort Worth

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines