Federal disaster relief loans available for ice storm-hit businesses

Federal disaster relief loans are available for businesses that suffered due to the severe ice storm that struck last January, with a critical application deadline set for November 8. The Small Business Administration is administering these loans, which offer low-interest rates to help local businesses recover from the financial strain caused by the disaster. This initiative is particularly important for the economic health of the community, as many businesses are still reeling from the storm's effects. The application process is designed to be accessible, encouraging affected businesses to act swiftly to secure the necessary funding. Local officials are urging business owners to take advantage of this opportunity to stabilize and rebuild their operations.

By providing this financial assistance, the government aims to mitigate the long-term economic impact of the ice storm. The relief loans are a crucial lifeline for those struggling to recover and rebuild. The deadline underscores the urgent need for businesses to apply and secure funding before time runs out.