low interest loans News

Alabama, Georgia Receive Federal Loans in Storm Cleanup

Alabama Gov. Robert Bentley has announced DeKalb, Etowah and surrounding counties have been approved for low-interest loans to cover damage from the March 18 storms. The loans are being disbursed by the U.S. Small Business Administration, and Bentley says the …

Citizens Approves Low-Interest Loans for Insurers

The governing board of the state-backed Citizens Property Insurance Corp. on Friday approved $350 million in low-interest loans for private insurers to relieve Citizens of thousands of policies. Citizens has sought unsuccessfully for years to reduce its customer base and …

Frost Wipes Out Juice Grapes in Southwest Michigan

A devastating frost in southwestern Michigan has killed thousands of acres of grapes grown for juice, the latest crop casualty in an unpredictable spring that began with temperatures in the 80s. A surveyor for National Grape Cooperative, better known as …

SBA Offers Disaster Aid to West Virgina Storm Victims

The Small Business Administration is offering disaster assistance to businesses, homeowners and renters affected by recent severe weather in Lincoln and Wayne counties. U.S. Rep. Nick Rahall says the SBA will provide low-interest loans to repair or replace property damaged …

Disaster Loans OK’d for Oklahoma Earthquake Damage

The U.S. Small Business Administration is offering low interest loans to Oklahoma residents and business owners who have damage from earthquakes that have struck since Nov. 5. Officials say nearly 200 homes and businesses were damaged when a 5.6 magnitude …