More Dakotas businesses eligible for drought loans

Associated Press

BISMARCK, N.D. (AP) — The U.S. Small Business Administration is making low-interest federal disaster loans available to small, nonfarm businesses in more counties in the Dakotas.

The loans of up to $2 million are to offset losses due to drought in September and October.

The latest county to be declared eligible is the North Dakota county of Sargent. The neighboring North Dakota counties of Dickey, Ransom and Richland, and the neighboring South Dakota counties of Brown, Marshall and Roberts become automatically eligible.