Small Iowa companies that are feeling the crunch of the high gasoline and diesel fuel prices can get a little relief from Uncle Sam. The Small Business Administration is now offering government-backed loans to firms that are facing cash flow trouble.Cheryl Eftink is district director of the Iowa S-B-A. She says the 86-million dollars in loan guarantees will help all sorts of companies in Iowa to ride out the current high price fuel spurt.Iowans are paying almost 50-cents a gallon more now than they were a year ago. Eftink says the loans for gasoline are similar to those the government offers for small businesses when there is a disaster like a flood or tornado with a little higher interest rate.The S-B-A has offices in Des Moines & Cedar Rapids.
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