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Business hurting after this summer's fires? SBA announces help

Low-interest loans available for working capital

By Nicole Vulcan @nicovee

If you spent anytime in Central Oregon in August and September, then you know the word that was on the tip of everyone's tongues: Fire.

Fires including the Milli Fire, the Nash Fire and many others caused hazardous air quality and shut down many events, including the Sisters Folk Festival. With people forced to stay inside—or even vacate the area all together to avoid the smoke—local businesses struggled.

While some of that impact can't be recouped, today, the Deschutes County Sheriff's Office sent reminder today, announcing that as of Nov. 16, the U.S. Small Business Administration would be offering low-interest federal disaster loans for small businesses affected by the Milli and Nash fires, which happened from around Aug. 10 to Sept. 25. SBA officials say the SBA "acted under its own authority to declare a disaster" following a request from Gov. Kate Brown.

The deadline to apply is Aug. 16, 2018. To apply, visit this link: https://disasterloan.sba.gov/ela.

About The Author

Nicole Vulcan

Nicole Vulcan has been editor of the Source since 2016. While the pandemic reduced "hobbies" to "aspirations," you can mostly find her raising chickens, walking dogs, riding all the bikes and attempting to turn a high desert scrap of land into a permaculture oasis. (Progress: slow.)

        
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