Veteran small business loan


According to a press release, the U.S. Small Business Administration announces, Thursday, that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes located in the State of Georgia as a result of drought and excessive heat that occurred on January 1, 2008 and continuing.

Bankers: Floridians can still get home loans (AP via Yahoo! Finance)
Floridians can still get home loans despite the national credit crunch, banking officials assured Gov. Charlie Crist on Thursday.

SBA Disaster Loans avaiable in Delaware (The Delaware Business Ledger)
The U.S. Small Business Administration announced that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes located in New Castle County as a result of high winds, excessive rains, flash flooding and hail from May 12 through August 10 and drought and high temperatures from June 10 and …

New AIG loan renews concerns over insurer’s health (AP via Yahoo! News)
Concerns about the health of American International Group Inc. were renewed Thursday, a day after the insurance giant said it would receive an additional $37.8 billion loan from the Federal Reserve.

SBA small business loans drop 30% in 2008 (CNNMoney.com via Yahoo! Finance)
A growing number of businesses are struggling to land loans through the Small Business Administration’s flagship lending program. The number of 7 loans given in the 2008 fiscal year, which ended Sept. 30, dropped 30% from 2007, the SBA reported last week.

Nation & world business news in brief: Money for loans may be freed up (Detroit Free Press)
Regulators plan to reduce capital requirements for banks holding Fannie Mae and Freddie Mac debt and mortgage bonds, potentially freeing up more money for loans.

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