Loans available for Compadres Mall tenants - KUAM.com-KUAM News: On Air. Online. On Demand.

Loans available for Compadres Mall tenants

Posted: Updated:

by Sabrina Salas Matanane

Guam - Businesses affected by the January fire at the Compadres Mall are eligible to apply for U.S. Small Business Administration low-interest working capital loan. This follows a request from Governor Eddie Calvo to declare the situation a disaster.  

These loans have an interest rate of 4% for small businesses and 3% for private, non-profit organizations with terms up to 30 years.

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