Disaster loans available for businesses

Small nonfarm businesses may qualify for lowinterest Small Business Administration disaster loans to offset economic losses because of reduced revenues related to drought.

Small businesses directly affected by drought and businesses that depend on farmers and ranchers who have been affected by drought may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.

Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance, but may qualify for assistance through Farm Service Agency programs.

Receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. More information also is available by calling (800) 659-2955, or by emailing disastercustomerservice@sba.gov.