May 6 is the deadline for small businesses in nine western Ohio counties to apply for federal loans to offset losses resulting from heat, frost, freezes, and drought that began Feb. 1, 2012. The affected counties include Defiance, Van Wert, and Williams.
The Small Business Administration’s economic injury disaster loan program is available to farm and nonfarm entities that suffered financial losses as a result of the weather. Loans up to $2 million are available, with interest rates of 3 percent for nonprofit organizations and 4 percent for businesses.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.