Breaking News Bar
updated: 8/26/2011 6:42 AM

Drought disaster loans still available

hello
Success - Article sent! close
 
Associated Press

Federal officials say small businesses affected by drought in Illinois last year still can apply for economic injury disaster loans.

The U.S. Small Business Administration says applications must be received by Sept. 26.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Businesses don't have to be farm related to apply, but they had to have suffered financial losses as a direct result of the drought that occurred between July and November of 2010.

Farmers and ranchers aren't eligible.

Officials say small businesses in 23 Illinois counties are eligible. They include Alexander, Clay, Hamilton, Johnson, Saline and Wayne.

The loan amount can be up to $2 million with a 4 percent interest rate for eligible small businesses and 3 percent for nonprofit groups.

Share this page