SBA Expands Eligibility for Loans

NEW YORK – In an unprecedented move, the U.S. Small Business Administration has expanded eligibility for its Sept. 11 Economic Injury Disaster Loan Program. In some cases, businesses beyond the immediate declared disaster areas in New York and Northern Virginia are eligible. Small businesses have until Jan. 21, 2002 to apply.

The program provides funds to small businesses unable to meet normal operating expenses as a direct result of the Sept. 11 attacks. The program’s loans are intended to cover operating expenses and obligations until operations return to normal.

For more information, call SBA at (800) 659-2955 or visit the SBA Web site at www.sba.gov.

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