SBA economic injury loan deadline nearing
by For the MBJ
Published: April 12,2011
ACROSS MISSISSIPPI — The U.S. Small Business Administration reminds small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes in parts of Mississippi of the May 2 deadline to apply for economic injury disaster loan assistance.
The loans are available due to flooding that occurred from May 1 through June 30, 2010.
Under this declaration, SBA Economic Injury Disaster Loans are available to eligible farm-related and non-farm-related entities that suffered financial losses as a direct result of this disaster. These loans can be up to $2 million with terms not exceeding 30 years. Interest rates are 4 percent for businesses and 3 percent for non-profit organizations. Farmers, ranchers and agricultural producers are not eligible to apply to SBA.
The disaster loans are available in Adams, Claiborne, Coahoma, Copiah, DeSoto, Franklin, Hinds, Humphreys, Issaquena, Jefferson, Lincoln, Panola, Quitman, Sharkey, Tate, Tunica, Warren, Washington, Wilkinson and Yazoo counties in Mississippi.
To obtain disaster loan information and application forms call the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for people with speech or hearing disabilities), or send an e-mail to email@example.com. Loan applications can be downloaded from the SBA’s website at www.sba.gov. Mail completed applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Those affected by the disaster may apply for disaster loans from SBA’s secure website at https://disasterloan.sba.gov/ela/.
Completed loan applications should be returned to SBA no later than May 2, 2011.
Source: U.S. Small Business Administration
To sign up for Mississippi Business Daily Updates, click here.
One Response to “SBA economic injury loan deadline nearing”
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- More than a dozen school districts sue state over funding
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Is cotton looking too good? Farmers facing weaker prices
- Jackson to get C Spire's high-speed internet
- New York firm buying majority interest in Tupelo mall, shopping center
- Bryant issues executive order to establish Delta water task force