The U.S. Small Business Administration says $10.8 million in disaster assistance loans have been made in Arkansas.
SBA director Tanya Garfield in Sacramento, California, said the loans are to businesses and residents to help rebuild and recover from severe storms and flooding that inundated western, central and southeastern Arkansas from May 21-June 14.
Businesses and residents in Arkansas, Conway, Crawford, Desha, Faulkner, Jefferson, Lincoln, Logan, Perry, Pope, Pulaski, Sebastian and Yell counties who have damage from the storms or flooding can register for the loans through Aug. 7.
Interest rates can be as low as 4 percent for businesses, 2.75 percent for private nonprofit organizations and 1.938 percent for homeowners and renters with terms up to 30 years.
Was this article valuable?
Here are more articles you may enjoy.
FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip 
Massachusetts Approves Reorganizations, Mergers for Andover Companies 
South Texas Homebuilders Warn ICE Arrests Have Upended Industry 
Three Top P/C Insurers Account for Most of Insurance AI Patents 
