MISSISSIPPI DELTA — Small, non-farm businesses in six Delta counties in Mississippi are now eligible to apply for low-interest disaster loans from the U.S. Small Business Administration (SBA).
These loans offset economic losses because of reduced revenues caused by the combined effects of hail, high winds, flooding, widespread drought and excessive heat that began April 1.
The eligible counties are Bolivar, Coahoma, DeSoto, Issaquena, Tunica and Washington.
Small, non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private, non-profit organizations of any size may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure web site at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling SBA toll-free at (800) 659-2955, emailing firstname.lastname@example.org, or visiting SBA’s web site at www.sba.gov/services/disasterassistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.
The deadline to apply for these loans is May 7, 2012.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info