Columbia's Small Business Disaster Recovery Loan Program ends March 18
COLUMBIA, SC (WACH) - The City of Columbia has reopened its Small Business Disaster Recovery Loan Program.
The program aims to help small businesses in the city that were impacted from October's flooding.
To be eligible, you must meet the following requirements: be located in Columbia, have been in business for two years, suffered losses from flooding not covered by insurance and have applied for FEMA assistance.
Those who are accepted can received up to $10,000 to help replace inventory, equipment and other items related to the business. The loan will have a three-month deferment and a 24-month repayment plan with 0% interest.
The deadline to apply is March 18. You can find the application here.