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SBA offers loans to border firms hurt by peso devaluation
The SBA announced up to 200 million in loans and guarantees for U S firms along the U S Mexican border in California New Mexico Arizona and Texas damaged by peso devaluation. SBA Administrator Sanders said the emergency program aims to help small businesses survive the economic shock. banks including Bank of America are urged to aid affected applicants with favorable terms as the crisis potentially extends.
MENTIONED IN THIS ARTICLE
Washington
U.S
Small Business Administration
SBA
James C. Sanders
Sanders
Mexico
California
New Mexico
Arizona
Texas
Ican
Tinues
Ers