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The SBA's Economic Injury Disaster Loan program is availablsto farm- and nonfarm-related small-businessw concerns and small agricultural cooperatives that sufferex financial losses from the Farmers and ranchers are not eligible to apply, but nurseried are. The loans are available to smalpl businesses throughoutNorth Carolina, with the exception of Dare, Hyde and Tyrrell counties. Eligible smal l businesses may qualify for loans upto $1.5 The loans are available at a 4 percent interesr rate with terms of up to 30 SBA determines eligibility for the program based on the size and type of businesss and its financial resources.
Loan amountes and terms are set by SBA and are basecd oneach applicant's financial condition. Interested businessz owners maycontact SBA's Customer Service Centee by calling (800) 659-2955. Loan applicationsw can also be downloaded fromthe SBA's Web site at .
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