Deadline approaching for Hurricane Isaac assistance
by MBJ Staff
Published: May 6,2013
Tags: aid, assistance, bank, banker, disaster, disaster recovery, emergency, entrepreneur, entrepreneurship, finance, financial institution, flood, flooding, hurricane, loan, natural disaster, rain, small business, tropical, Weather, wind
SOUTHEAST MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that June 3 is the filing deadline for federal economic injury disaster loans available in Clarke, George, Greene, Jackson,Lauderdale and Wayne counties as a result of Hurricane Isaac.
Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers.
The working capital loan amount can be up to $2 million with interest rates as low as 4 percent for eligible small businesses and 3 percent for non-profit organizations with terms up to 30 years.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to firstname.lastname@example.org. Loan applications can be downloaded from the SBA’s website at www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Judge moves McDaniel's lawsuit challenging loss to Cochran
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- Officials set hunting dates for birds; expands dove season by 20 days
- TECH 21 — Mississippi's most wanted in technology
- Scientists seeing more invasive trapjaw ants on Coast
- DAVID DALLAS — Mississippi needs one university
- Trop Greenville ahead of schedule on significant expansion
- Judge rules for Fish and Wildlife Service in frog habitat case
- Diamondhead Casino Corporation wins site approval