SBA announces disaster loans for drought

Businesses and nonprofits in three southwest Minnesota counties may be eligible for disaster assistance due to drought this spring and summer, the U.S. Small Business Administration said. This week, the SBA announced that Lincoln, Pipestone and Rock counties were included in a list where low-interest federal disaster loans were available for businesses and private nonprofits impacted by drought. The SBA’s full list of counties where businesses, nonprofits and small agricultural cooperatives may be eligible for Economic Injury Disaster Loans included counties in South Dakota, Iowa and Nebraska. The area was impacted by drought that started