Estimated read time: 2-3 minutes KEY TAKEAWAYS
The U.S. Small Business Administration is offering low-interest disaster loans in Utah for drought-impacted businesses.
Loans assist drought-impacted small businesses and nonprofits in 10 Utah counties.
Loans cover up to $2 million with deferred payments and low interest rates.
SALT LAKE CITY — While drought-impacted small businesses in the Beehive State are still hoping for rain, they might be in line for some financial assistance through the U.S. Small Business Administration.
The administration in August announced the availability of low-interest federal disaster loans to small businesses and private nonprofit organizations in the state to offset economic losses caused by drought.
The declaration covers Cache, Daggett, Duchesne, Morg