Mississippi News

SBA loans now open to Jackson businesses with losses from water crisis

Published

2 years ago

September 15, 2022

<h1>SBA loans now open to Jackson businesses with losses from water crisis </h1>
by Sara DiNatale, Mississippi Today September 15, 2022

Jackson businesses that have been racking up costs to stay open through the water crisis can now apply for low-interest loans through the U.S. Small Business Administration. 
Applications are due June 14. Gov. Tate Reeves applied for the loan program earlier this week. 
The loans are available to businesses and nonprofits that experienced economic losses as a result of the total or near water pressure loss following the Pearl River flooding in late August. Businesses in Hinds, Claiborne, Copiah, Madison, Rankin, Simpson, Warren and Yazoo counties are eligible.
”These low-interest loans will go a long way to support our Jackson businesses and help them make it through the ongoing water crisis,” Reeves said. “I’m committed to ensuring that we both restore clean water to the city and relieve the burdens of this crisis for Jacksonians.”
The loans are intended to assist businesses through the recovery period, can be up to $2 million per applicant, and will not have an interest rate above 4%. Applicants may apply online at <a href=”https://disasterloanassistance.sba.gov/ela” target=”_blank” rel=”noreferrer noopener”>https://disasterloanassistance.sba.gov/ela</a> or call (800) 659-2955.

This <a target=”_blank” href=”https://mississippitoday.org/2022/09/15/sba-loans-now-open-to-jackson-businesses-with-losses-from-water-crisis/”>article</a> first appeared on <a target=”_blank” href=”https://mississippitoday.org”>Mississippi Today</a> and is republished here under a Creative Commons license.<img src=”https://i0.wp.com/mississippitoday.org/wp-content/uploads/2021/01/MT_square-thumb.jpg?fit=150%2C150&ssl=1″ style=”width:1em;height:1em;margin-left:10px;”><img id=”republication-tracker-tool-source” src=”https://mississippitoday.org/?republication-pixel=true&post=1081835&ga=UA-75003810-1″ style=”width:1px;height:1px;”>

Mississippi News

Events happening this weekend in Mississippi: November 29-December 1

Published

4 days ago

November 29, 2024

Staff Editor

www.wjtv.com – Kaitlin Howell – 2024-11-29 06:19:00

SUMMARY: This weekend (November 29-December 1), Mississippi offers a variety of festive events. Highlights include Food Truck Friday in Jackson, a Jazz night in Natchez, and a Holiday De-Stress Walk in Vicksburg. Family-friendly options like the Journey to the North Pole and Dinosaurs Around the World in Jackson will entertain all ages. Natchez hosts a Christmas Pilgrimage Tour and a Teddy Bear Tea, while Vicksburg features a tree lighting and a comedy show. In the Pine Belt, enjoy a pancake day in Ellisville and a candle-making workshop in Hattiesburg. Activities promise joy, relaxation, and holiday spirit across the state.

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Mississippi News

Judge grants motion to continue trial in Jackson bribery scandal

Published

1 week ago

November 26, 2024

Staff Editor

www.wjtv.com – Kaitlin Howell – 2024-11-26 12:27:00

SUMMARY: A federal judge has granted a motion to delay the trial for Jackson Mayor Chokwe A. Lumumba and two other local leaders implicated in a bribery scandal. The decision was made due to the case’s complexity, with significant evidence needing review. Lumumba, Hinds County District Attorney Jody Owens, and City Councilman Aaron Banks face charges related to conspiracy, wire fraud, and money laundering linked to an alleged bribery scheme involving over $80,000 in payments from fictitious developers. The trio has pleaded not guilty. This scandal adds to ongoing issues in Jackson regarding water and policing disputes.

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Mississippi News

How the TSA plans to handle record air travel

Published

1 week ago

November 26, 2024

Staff Editor

www.wcbi.com – Kailey Cox – 2024-11-26 10:53:00

SUMMARY: As Thanksgiving approaches, U.S. air travel is expected to hit record levels, with nearly 80 million Americans traveling, predominantly by car. The TSA anticipates screening 18.3 million passengers during the holiday week, with Sunday likely breaking a record for airport traffic. Despite ongoing air traffic controller shortages, TSA staffing is high enough to maintain manageable security wait times. Weather remains a wildcard, with rain and snow predicted in several regions. Travelers are advised to arrive early to airports and avoid lithium-ion batteries in checked luggage. Traffic congestion is expected on Tuesday and Wednesday afternoons, easing by Thanksgiving Day.

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