Sheridan Businesses Eligible for SBA Drought Loans

Sheridan Businesses Eligible for SBA Drought Loans

Small businesses and ranches in Sheridan and Johnson Counties are eligible for special consideration from the Small Business Administration to receive federal disaster loans.

The loans, which boast interest rates of 4 percent for businesses and 3 percent for individuals, and can be extended out as far as 30 years. Kevin Wynne, public information officer with the Small Business Administration's Office of Disaster Assistance, said many people across the nation are eligible for similar loans because of other disasters.

To apply for a drought disaster loan or get more information on the loan process, click here.

view counter