Small Business Association

Small nonfarm companies in the St. Louis region that have lost agricultural business due to the recent drought can apply for low-interest federal loans. The U.S. Small Business Administration is offering 30-year max economic injury loans at a 4% interest rate for businesses and 3.25% for nonprofits.

Smaller companies can offer more unique solutions to problems the military faces, but they can struggle to break into a defense industry that can be frustrating to navigate.

The U.S. Department of the Treasury on Monday released the names of businesses that received more than $150,000 in federal loans through the Paycheck…