For more information call: 731-885-5361

or visit http://obioncountyfair.net/contact-us#

July Business Matters

 Kathy Dillon, Union City's City Manager spoke at July's Business Matters. Topics included: administration, planning and codes enforcement, police department, fire department, parks and recreation, turf management, public works, the water plant and the wastewater plant. Local City Council includes: Danny Leggett, Ward 1; Billy Jack Crandford**, Ward 2; Diane Eskew**, Ward 3; Judy Robinson, Ward 4; Johnny Bacon**, Ward 5; Bill Harrison, At Large; Terry Hailey, At Large. (Note: Those listed with stars beside them are up for election on Nov. 6, 2012)

What can you do to get invovled? 1) Run for office, 2) Volunteer for board appointment, 3) Attend council meetings.

Leader's Credit Union Open House 

http://www.nwtntoday.com/news.php?viewStory=72390

  SBA Economic Injury Disaster Loans Available in Tennessee Following Secretary of Agriculture Disaster Declaration for Drought

ATLANTA - The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Tennessee as a result of drought that began on June 19, 2012.

The SBA's disaster declaration includes Benton, Carroll, Cheatham, Crockett, Decatur, Dickson, Dyer, Gibson, Haywood, Henderson, Henry, Hickman, Houston, Humphreys, Lake, Lauderdale, Madison, Montgomery, Obion, Perry, Robertson, Stewart and Weakley counties in Tennessee; Mississippi County in Arkansas and; New Madrid and Pemiscot counties in Missouri.

 "When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to eligible entities affected by the same disaster," said Frank Skaggs, director of SBA's Field Operations Center East in Atlanta.

Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquacultural enterprises, SBA cannot provide disaster loans to agricultural producers, farmers or ranchers.  Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

The loan amount can be up to $2 million with interest rates of 3 percent for private non-profit organizations of all sizes and 4 percent for small businesses, with terms up to 30 years.  The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources.  Loan amounts and terms are set by the SBA and are based on each applicant's financial condition.  These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  The loans are not intended to replace lost sales or profits.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

Disaster loan information and application forms may also be obtained by calling the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov.  Loan applications can be downloaded from www.sba.gov.  Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. 

Completed loan applications must be returned to SBA no later than March 12, 2013.

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www.sba.gov