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

Trump says he will issue an executive order Monday to get TikTok back up

Published

3 days ago

January 19, 2025

Staff Editor

www.wjtv.com – The Associated Press – 2025-01-19 09:20:00

SUMMARY: President-elect Donald Trump announced that he will issue an executive order on Monday to extend the deadline for TikTok’s China-based parent company, ByteDance, to find an approved U.S. buyer. This decision follows the removal of TikTok from app stores due to a federal law requiring ByteDance to sell its U.S. operations or face a ban, citing national security concerns. Trump’s order would delay the law’s restrictions, offering ByteDance more time to negotiate a sale. Despite challenges, including TikTok’s legal disputes, Trump emphasized the app’s potential value and the importance of keeping it operational in the U.S.

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Mississippi News

Events happening this weekend in Mississippi: January 17-19

Published

5 days ago

January 17, 2025

Staff Editor

www.wjtv.com – Kaitlin Howell – 2025-01-17 07:20:00

SUMMARY: This weekend (January 17-19), Mississippi offers a variety of events. Highlights include the JSU Tiger Parade of Champions in Jackson, Fleet Feet Coffee Run, and several Martin Luther King Jr. celebrations. The Bridgid Ferguson Trio and Storytelling Festival also take place in Jackson, along with exhibits like “Of Salt and Spirit.” In Vicksburg, enjoy the Winter Youth Rodeo and Peruvian Delights Wine Dinner, while Natchez hosts a Krewe of Phoenix Ball and a Farmers Market. The Pine Belt features Artrageous in Hattiesburg and karaoke in Laurel. Other events include jazz, comedy, and live performances across the region.

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Mississippi News

Biden to address the nation days before Trump's inauguration

Published

1 week ago

January 15, 2025

Staff Editor

www.wjtv.com – The Associated Press – 2025-01-15 10:43:00

SUMMARY: Joe Biden’s presidency aimed to “restore the soul” of America post-Trump, but despite bipartisan legislative successes and international alliances, he struggled to change the political landscape. Four years after defeating Trump, Biden faced electoral defeat as Trump made a political comeback. Polls show only a quarter view Biden favorably, even lower than Trump during his presidency. Although Biden touted achievements in infrastructure and economic recovery, rising costs and inflation eroded public support. As he prepares to leave office, questions persist about his legacy and the permanence of the political shift towards populism, leaving Biden’s ambitions unfulfilled.

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