SBA Offers Low-interest Wildfire Disaster Loans to Washington Businesses

October 30, 2015

The U.S. Small Business Administration is offering low-interest disaster loans to Washington businesses, nonprofits and residents affected by the wildfires.

The federal agency has declared its own disaster declaration to make the loans available in Chelan, Douglas, Ferry, Grant, King, Kittitas, Lincoln, Okanogan, Skagit, Snohomish and Whatcom counties.

The loans are available to businesses of all sizes, most nonprofit organizations, homeowners and renters who property was damaged or destroyed in the fires.

Businesses can borrow up to $2 million to replace damaged real estate, machinery, equipment, inventory and other business assets.

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