Low interest disaster loans are now available to small businesses in Central New York that sustained damage from the intense July storms and tornadoes.
The Small Business Administration is offering the funds in Onondaga, Cortland, Oswego, Oneida, Madison, and several more counties.
Eligible businesses can borrow up to two million dollars for as long 30 years at no more than four percent interest. The S.B.A. says applicants need an acceptable credit history and must show the ability to repay the loans.
Information is at lending.sba.gov.