Central Oregon businesses impacted by summer wildfires may be eligible for low-interest federal loans.
The U.S. Small Business Administration listed Deschutes, Crook and Jefferson counties as three of 12 Oregon counties where businesses or nonprofits can apply for Economic Injury Disaster Loans, according to an SBA news release.
The SBA made the loans available this month, following several major wildfires over the summer in Southern and Central Oregon that prompted a request for relief by Oregon Gov. John Kitzhaber.
Eligibility for the loans depends on a company's financial impact from the fires. Businesses can secure loans with 4 percent interest rates, while nonprofits can qualify for 2.875 percent loans.
For more information, visit http://disasterloan.sba.gov/ela.