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Small non-farm business eligible for drought disaster aid

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By The Associated Press

Saturday, Oct 07, 2006 - 11:36:41 pm CDT

OMAHA — Small non-farm business in 54 Nebraska counties are eligible for low-interest disaster loans, the U.S. Small Business Administration announced Friday.

The loans of up to $1.5 million can be used to help meet financial obligations and operating expenses which could have been met had the disaster not occurred, according to the administration. The loans have an interest rate of 4 percent and a maximum term of 30 years.

These loans aren’t for farmers or ranchers, who are eligible for low-interest loans through the U.S. Department of Agriculture.

The primary counties in Nebraska eligible for non-farm loans are: Adams, Antelope, Boone, Burt, Butler, Cedar, Clay, Colfax, Dakota, Dixon, Dodge, Fillmore, Greeley, Hall, Hamilton, Jefferson, Johnson, Knox, Lancaster, Madison, Merrick, Nemaha, Nuckolls, Pawnee, Pierce, Richardson, Saline, Saunders, Seward, Stanton, Thayer, Thurston, Wayne and York.

Contiguous counties eligible are: Boyd, Buffalo, Cass, Cuming, Douglas, Franklin, Gage, Holt, Howard, Kearney, Nance, Otoe, Platte, Polk, Sarpy, Sherman, Valley, Washington, Webster and Wheeler.


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