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Author: FreethinkerKW Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1998229  
Subject: Post Sandy: Gubmint Getting In The Way Date: 11/7/2012 5:38 AM
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http://www.reuters.com/article/2012/11/07/us-storm-sandy-sma...

The U.S. Small Business Administration, whose offerings include disaster-relief loans, added 100 additional staff to its customer call center in Buffalo, New York, and another 128 field workers to assist with the onslaught of inquiries, said Carol Chastang, an SBA spokeswoman.

Through Sunday evening, the organization had issued more than 26,000 small business loan applications from companies affected by the storm in New York, New Jersey and Connecticut, she said. Chastang said the SBA was also opening additional business recovery centers throughout the affected areas.

Among the loans offered by the administration are funds for businesses that suffered physical damage and those with losses from a slowdown in business. Terms vary but each carries an interest rate of 4 percent, Chastang said.
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