From The Banner · Matti Gellman · · 1m
SBA approves disaster loans for Empire Towers businesses
SBA opens center to help Empire Towers businesses access disaster loans.
In brief
SBA opens center to help Empire Towers businesses access disaster loans. SBA approved $2 million disaster loans for Empire Towers businesses after partial collapse, with low-interest terms and no payment for first year. Originally reported by The Banner.
Sba approves disaster loans
Sba approved governor wes moore's request for economic disaster loans to help empire towers businesses.
“Anne arundel businesses were profoundly impacted by the structural emergency at empire towers”
Empire towers collapse
A 10-story office building closed after unpermitted construction damaged its underground parking garage.
Sba loan details
Loans up to $2 million with 4% interest, no payments for first year, terms up to 30 years.
Sba center opens
Sba opens disaster loan center in anne arundel county on sept 24 for business owners.
Center hours
Center open 9 a.m. to 6 p.m. monday through friday and 9 a.m. to 1 p.m. on saturday.
Business impact
Businesses can access loans without proof of physical damage for operating expenses.
In short
SBA approved $2 million disaster loans for Empire Towers businesses after partial collapse, with low-interest terms and no payment for first year.
