Tag Archives: Disaster loans
SBA Offers Economic Injury Disaster Loans to Small Businesses In Florida Affected by Hurricane Irma
Small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations located in the declared counties of Florida that have suffered financial losses as the result of Hurricane Irma, should consider applying for an Economic Injury Disaster Loan from the U.S. Small Business Administration.,,, Examples of eligible industries include but are not limited to the following: bait and tackle shops, charter boats, commercial fisherman, crabbers, fishing guides, hotels, and marinas, owners of rental property, restaurants, retailers, souvenir shops, travel agencies, and wholesalers. click here to read the press release 11:39
Disaster loans opened to California’s Dungeness crab fishermen, businesses
The U.S. Small Business Administration announced that low-interest disaster loans are now available to commercial anglers and other businesses affected by the continued closure, which stems from a potentially deadly neurotoxin affecting the fishery. The loans, which max out at $2 million, with 4 percent interest, are the first significant help extended to crabbers, seafood processors and others who have been economically devastated by the foregone season. California crab landings are usually worth about $60 million a year or more.,, It does not appear that deckhands, who often work as contracted employees, would qualify for the business loans. Those workers comprise a group that is among the most desperate amid the crab closure. Read the rest here 06:54
