Small businesses and agriculture operatives have less than a month left to apply for federal economic injury disaster loans as result of this summer’s drought. The deadline for the Small Business Administration assistance is March 12. Loans through the program can be up to $2 million with interest rates as low as four percent for eligible small businesses and three percent for nonprofits.
Harrisburg and other southern Illinois communities affected by a deadly tornado in February are getting up to $13 million in state and Small Business Administration aid. Governor Pat Quinn's office announced yesterday the help includes reimbursements to local governments for some of their disaster-related expenses and road improvements.