KANSAS ASSOCIATION OF BROADCASTERS 1ST PLACE - SMALL MARKET RADIO WEBSITE

KNDY / KDNS / KZDY / KQNK

SBA Economic Injury Disaster Loans Available to Kansas Small Businesses

Date:

- Advertisement -

SACRAMENTO, Calif. – Small nonfarm businesses in 27 Kansas counties and neighboring counties in Nebraska are now eligible to apply for low interest federal disaster loans from the U.S. Small Business Administration, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by drought in the following primary counties that began Feb. 22, 2022.

Primary Kansas counties: Clay, Cloud, Dickinson, Lincoln, Marshall, Mitchell, Norton, Ottawa, Republic, Riley and Washington;

Neighboring Kansas counties: Decatur, Ellsworth, Geary, Graham, Jewell, Marion, McPherson, Morris, Nemaha, Osborne, Phillips, Pottawatomie, Russell, Saline, Sheridan and Wabaunsee;

Neighboring Nebraska counties: Furnas, Gage, Harlan, Jefferson, Nuckolls, Pawnee and Thayer.

“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said.

Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.

“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 2.94 percent for businesses and 1.875 percent for private nonprofit organizations, a maximum term of 30 years and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said.

By law, SBA makes Economic Injury Disaster Loans available when the U.S. Secretary of Agriculture designates an agricultural disaster. The Secretary declared this disaster on April 18, 2022.

Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency about the U.S. Department of Agriculture assistance made available by the Secretary’s declaration. However, nurseries are eligible for SBA disaster assistance in drought disasters.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The deadline to apply for economic injury is Dec. 19, 2022.

- Advertisement -
Derek Nester
Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

Share post:

- Advertisement -

Related Headlines

- Advertisement -

Most Viewed

From Sunflower State Radio
Latest

Double Homicide Investigation Underway In Labette County

LABETTE COUNTY – The Kansas Bureau of Investigation (KBI)...

10-6-22 ROYALS FIRE STAFF-AOW-OHTANI VS JUDGE-MAHOMES

https://audioboom.com/posts/8170341-10-6-22-royals-fire-staff-aow-ohtani-vs-judge-mahomes

10-6-22 BRIAN HANNI-VOICE OF THE JAYHAWKS

https://audioboom.com/posts/8170340-10-6-22-brian-hanni-voice-of-the-jayhawks

College GameDay Festivities to Begin Thursday; Continue Through Saturday

Via Kansas Athletics LAWRENCE, Kan. – It will be a weekend...