Small Businesses Eligible For Drought Assistance
Small nonfarm businesses in Skamania, Klickitat, Hood River, Wasco, and Sherman counties are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration. These loans offset economic losses because of reduced revenues caused by drought that began July 24. Small nonfarm businesses, agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred. Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency about U.S. Department of Agriculture assistance. Applicants may apply online, receive additional disaster assistance information and download applications at disasterloan.sba.gov or call 800-659-2955.