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.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
