SBA Offers Aid In Mississippi

Federal disaster loans are now available from the Small Business Administration to small, non-farm, agriculture-dependent businesses located in the entire state of Mississippi as the result of damages and losses to crops caused by the combined effects of drought, Hurricane Katrina and Hurricane Rita.

"SBA's disaster declaration was issued as a result of a similar action taken by the secretary of agriculture to help farmers recover from damages and losses to crops," said Frank Skaggs, director of SBA Field Operations Center East.

Under this declaration, SBA's Economic Injury Disaster Loan program is available to small, non-farm, agriculture-dependent businesses and small agricultural cooperatives that suffered economic injury as a direct result of the weather's effect on agricultural producers.

(c) 2006 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com

Next in News ►