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Disaster Declaration Clears Way For SBA Loans For Business Impacted By I-95 Closure
The SBA’s Economic Injury Disaster Loan (EIDL) program provides low-interest loans for small businesses, small agricultural cooperatives, and most private nonprofit organizations. The SBA can provide up to $2 million to help businesses meet financial obligations and operating expenses that could have been met had the disaster not occurred. The SBA tailors the repayment of…
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