Berkshires: County entities eligible for SBA disaster loans
PITTSFIELD >> Berkshire County is one of three state counties that the U.S. Small Business Administration has made eligible for federal economic injury disaster loans stemming from damages associated with last February's frost and freeze.
Small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofits of all sizes in the Berkshires are eligible, along with entities in Hampden and Worcester counties, according to the SBA.
Under this declaration, the SBA's Economic Injury Disiaser Loan program is available to eligible farm-related and non-farm related entities that suffered financial losses as a direct result of that disaster, which took place Feb. 12-15.
With the exception of aquaculture enterprises, the SBA cannot provide disaster loans to agricultural producers, farmers or ranchers. Loans of up to $2 million are available.
Applicants can apply online using the Electronic Loan Applications (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.
Completed loan applications must be returned to the SBA no later than May 22, 2017.
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