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Monday, November 5, 2012

SBA Economic Injury Disaster Loans Available in Minnesota


Atlanta, 29th Oct, 2012 - Good news for Farmers, the Agriculture Disaster Grants have been revealed by the Small Business Administration(SBA). In Minnesota, drought has been declared. For the help of Farmers and small business man, the U.S. Small Business Administration has been announced a loan called 'Federal economic injury disaster loan' which will given to the following people who have been affected from drought in this year.

Small Business people
Agriculture industry
Non-Profit Organization in Minnesota

Many Farmer has lost their crops due to drought. The Government has given a very good options to save themself from this condition. Drought is the natural disaster and The Government has prepared plan already to save from drought conditions.

According to the press releases

Loan Amount: $2 million
Interest rate: 3 percent for private non-profit organization and 4% for small businesses
Term : 30 years

SBA Secure Website for Apply : https://disasterloan.sba.gov/ela

SBA Customer Service: 800-659-2955, 800-877-8339(for deaf people)
Email:  disastercustomerservice@sba.gov

Deadline for application: 24th June, 2013

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