SALEM - The state of Oregon is offering small business loans to National Guard and Reserve veterans whose businesses suffered setbacks during their deployment.

The loan program is offering a zero-percent interest rate to veterans and loans up to $20,000.

The loans are being distributed through the Oregon Department of Veterans' Affairs.

The state says loan applicants must be honorably discharged veterans who own more than half of a business that suffered a setback while the veterans were deployed.

The veterans affairs office also says veterans must apply within the year of their return from deployment.

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