Tag Archives: low-interest loans
Oil spill victims could get financial help from Small Business Administration
Local victims of the oil spill off the coast of Orange County could be eligible for low-interest loans from the Small Business Administration, which on Wednesday declared the county a disaster area. While the move falls short of the broader federal disaster designation requested by some in Orange County, it could pave the way for companies to resume any operations, or claw back revenue, stopped or lost because of the spill that first was reported Oct. 1.,,, Terese Pearson, who helps run a family fishing business in Newport Beach, said her primary interest is resuming work, not borrowing money. >click to read< 09:15
SBA loans may be on line for fishermen
In a step that could lead to the first federal financial assistance to Massachusetts’ fishing-related businesses, Gov. Deval Patrick has officially certified the widespread economic hardship imposed on Massachusetts fishing communities by the fishery disaster proclaimed a year ago by the U.S. Department of Commerce. more@GDT 07:13
