Small Business Administration Low-Interest Loans

The U.S. Small Business Administration is announcing the availability of low-interest federal disaster loans to help offset farmers' and ranchers' revenue losses as a result of the 2018 season freeze.

Posted: Jul 25, 2018 8:05 AM

Chico, Calif. -- With the scorching hot temperatures the North State region is experiencing this summer season, the February freeze that had regional agricultural producers worried about possible crop damage, seems like a distant memory.

However, the U.S. Small Business Administration is announcing the availability of low-interest federal disaster loans as a result.

The funds are to help offset farmers' and ranchers' revenue losses as a result of the 2018 season freeze.

There are specific dates which qualify for the low-interest loans. The qualifying time period is from February 13, 2018 through the February 28th, 2018.

S.B.A. assistance is being offered for businesses in Butte, Glenn, Mendocino, Plumas, Shasta, Trinity and Tehama counties.

Those who qualify for the low-interest loans could be eligible for up to 2-million dollars in aid. The deadline to apply for this loan assistance is March 18, 2019.

Click here for all the information and guidelines on the program.

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