U.S. Small Business Administration

OMAHA - Small businesses in America are experiencing some hurdles amid the coronavirus outbreak.     

It was announced the U.S. Small Business Administration is offering low-interest federal disaster loans to Nebraska small businesses economically impacted by the pandemic.

District Director for the Nebraska SBA Leon Milobar tells News Talk WJAG there are 41,000 small businesses in the state filling 46% of the employment as well.

Milobar encourages small businesses throughout the state to apply for assistance at SBA.Gov.

"Under that you'll see Economic Injury Disaster Loans. It's a working capital loan for small businesses, Ag cooperatives, and most private-nonprofit organizations that meet the size standards that we have."

Milobar says the interest rate of the loan is 3.75 percent for small businesses.

He adds information is ever changing and you should keep up to date with the different assistance available.

Again, you can find the loan application at SBA.Gov.

In other news

OMAHA, Neb. (AP) — One of the many troubling aspects of the coronavirus pandemic has been seeing farmers have to destroy crops and euthanize livestock at a time when millions are losing their jobs and demand is soaring at food banks.