Deadline approaching in Arizona for SBA working capital loans due to drought

Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration, today reminded small nonfarm businesses in 15 Arizona counties and neighboring counties in Colorado, New Mexico and Utah of the Nov. 25 deadline to apply for an SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of reduced revenues caused by drought in the following primary counties that began Jan. 1.