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Businesses affected by I-95 collapse can get help

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The U.S. Small Business Administration is offering low-interest Economic Injury Disaster Loans to small businesses and nonprofit organizations in Burlington, Camden, and Gloucester counties that were affected by the June 11 collapse of I-95.

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Local businesses can borrow up to $2 million, with interest rates on the loans set at 4% for businesses and 2.4% for nonprofit organizations. The filing deadline is March 29, 2024., call SBA’s Customer Service Center at 800-659-2955 , or email DisasterCustomerService@sba.gov.Amsterdam News is renowned for its reporting of the news of the day from a Black perspective for 113 years.

 

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