Self Made: NASE's Blog

Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

Blog With Us!

blog-with-the-nase

SBA Offers Help to Small Businesses in the Gulf

May 07, 2010
Posted by Molly Nelson - BizBox notes that SBA Administrator Karen Mills said earlier this week "that the SBA would make low-interest loans available to small businesses along the Gulf Coast threatened by the massive BP oil spill."

The SBA is offering working capital loans of up to $2 million at an interest rate of 4 percent with terms up to 30 years.  In an interview, FDIC Chairwoman Sheila Blair said her agency was urging banks to take the crisis into account when dealing with borrowers in the Gulf Coast region.

For more, visit the SBA's Disaster Assistance website.


[Help for Small Businesses in the Gulf]

Courtesy of NASE.org
https://www.nase.org/about-us/self-made-nase-blog/self-made/2010/05/07/SBA_Offers_Help_to_Small_Businesses_in_the_Gulf