LANSING (AP) — Federal Economic Injury Disaster Loans are available in Michigan for companies suffering losses due to excessive rain, flooding, hail and high winds between April 1 and Aug. 17.
The U.S. Small Business Administration says the loans are for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations in more than 40 counties.
Economic Injury Disaster loans are available to eligible farm-related and nonfarm-related entities that suffered direct weather-related financial losses. The Small Business Administration says it can’t provide disaster loans to agricultural producers, farmers or ranchers.
Loan amounts can be up to $2 million.
- Posted December 02, 2015
- Tweet This | Share on Facebook
Loans available to cover storm damage
headlines Macomb
headlines National
- ABA connects death row inmate to pro bono attorneys who help free him
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2 judges suspended in separate cases after being indicted on criminal charges
- Convicted ex-judge gets $5K fine but no prison time in immigration case
- Ohio governor signs bill prohibiting foreign litigation funding
- Many small firms collect payments faster than BigLaw counterparts, new data shows
