DESOTO COUNTY — The U.S. Small Business Administration (SBA) has approved Gov. Phil Bryant’s request for disaster assistance in DeSoto County.
Residents, businesses and non-profit organizations affected by severe storms and flooding that occurred on Sept. 11 are eligible to apply for low-interest loans for recovery.
The declaration covers DeSoto County and the adjacent counties of Marshall, Tate and Tunica.
The SBA will open a Disaster Loan Outreach Center in DeSoto County at the M.R. Davis Public Library in Southaven. Staff from the Mississippi Emergency Management Agency and the SBA will be available to assist survivors with completing their applications.
The center will open Friday, Sept. 26, at 10 a.m., and will remain open through 5:30 p.m. Continuing operation hours are: Mondays-Thursdays, 10 a.m.-7 p.m.; Fridays, 10 a.m.-5:30 p.m.; and Saturdays, 10 a.m.-2 p.m.
The center will remain open through Tuesday, Oct. 7 at 4 p.m.
Applicants can apply at the Disaster Loan Outreach Center, online at disasterloan.sba.gov/ela, by calling 1-800-659-2955 (1-800-877-8339 for the deaf or hard-of-hearing) or by emailing firstname.lastname@example.org. Loan applications can also be downloaded from the SBA’s website at www.sba.gov.
The filing deadline to return applications for physical property damage is Nov. 24, 2014. The deadline to return economic injury applications is June 24, 2015.
Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property. Loans to businesses of all sizes and non-profit organizations will be available to repair damage to real estate, machinery, equipment and inventory.