The U.S. Secretary of Agriculture declared a disaster on April 2, 2021 due to drought in Union County, according to a release from the agency. In response, the Small Business Association (SBA) is offering small nonfarm businesses in Baker, Grant, Umatilla, Union, and Wallowa counties low-interest federal disaster loans. Qualifying organizations may receive loans up to $2 million to meet their financial obligations or expenses due to the drought. The loans have a 3% interest rate for businesses with a maximum term of 30 years.
Applicants may apply online and find additional disaster assistance information on disasterloanassistance.sba.gov. Call 800-659-2955 or email disastercustomerservice@sba.gov for more details.