SBA Opens Disaster Loan Outreach Center
The U.S. Small Business Administration (SBA) will open a Disaster Loan Outreach Center (BRC) in Allegany County, Maryland beginning May 29, 2025, to assist small businesses, nonprofits and residents affected by severe storms and flooding that occurred on May 13th. Small businesses and private nonprofits (PNP) are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Learn more.
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