SBA to give low-interest loans in flooded counties

News

July 14th, 2011 by Ric Hanson

DES MOINES, Iowa (AP) – The federal government’s Small Business Association is making low-interest loans available for Iowa small businesses affected by last month’s flooding along the Missouri River. The move is designed to help small businesses affected by the flooding to recover financially. But it doesn’t including farms or structural damage.

Thirteen western Iowa counties along the river are included in the declaration. Iowa Sen. Tom Harkin, a member of the Small Business Committee, announced the move Wednesday.