- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)42
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)6
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Law firm requests information about Cape's traffic cameras (04/25/16)2
- Local lawmakers split over failed medical marijuana bill; voters may have a say (04/26/16)19
- Police report filed, but no charges in incident at Cape Central (04/29/16)26
- Tanker truck catches fire near Oak Ridge (04/24/16)7
- Local company makes eco-friendly kitty litter that cuts cat-box smell (04/25/16)
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
Applications open for Missouri small business loans
JEFFERSON CITY, Mo. -- Missouri small-business owners looking for a little cash now can apply for help from the state.
The Missouri Small Business Loan Program is offering businesses with five or fewer employees loans of between $2,500 and $25,000.
But businesses will have to act fast if they want a share of the $2 million pool of money made available by the Missouri Development Finance Board. The application period began Monday and runs through June 26.
The loan program was proposed by Gov. Jay Nixon as a way of providing capital to small businesses struggling during the economic recession.
Businesses can receive loans at a 3 percent interest rate, typically to be paid off in 10 years or less.