SMALL BUSINESS ADMINISTRATION ISSUES DISASTER DECLARATION FOR IOWA

Small Business Administration issues disaster declaration for Iowa

This weekend, the Governor also announced the U.S. Small Business Administration has issued a disaster declaration for the state of Iowa. This means small businesses affected by the pandemic may apply for low-interest federal disaster loans. Some business owners have expressed concern that getting a federal loan might disqualify their business from receiving other forms of federal aid. Reynolds says she doesn’t know the answer to that right now.   You can apply for a loan online at https://disasterloan.sba.gov/ela/.

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