SAN ANTONIO – People and business impacted by the tornadoes two weeks ago are now able to go in person and apply for low-interest-rate loans from the Small Business Administration. The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
These would have included core business and trade components of the Commerce Department, the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation and the U.S. Trade and Development Agency.
Another huge benefit of acquiring an SBA loan is that once you might have your revenue, you may use your cash still you want, in contrast to quite a few conventional small business loans which has limits and regulations on how it is possible to use your income.
Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing disastercustomerservice@ Loan applications can also be downloaded at /disaster …