Storm victims in additional counties eligible for SBA assistance
by MBJ Staff
Published: May 9,2014
ACROSS MISSISSIPPI — The U.S. Small Business Administration adds more counties to the disaster declaration due to severe storms, tornadoes and flooding that occurred on April 28-May 3.
The disaster declaration now covers the counties of Itawamba, Jones, Leake, Lee, Lowndes, Madison, Montgomery, Rankin, Simpson, Warren, Wayne and Winston in Mississippi which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private non-profit organizations in following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Attala, Carroll, Chickasaw, Choctaw, Claiborne, Clarke, Clay, Copiah, Covington, Forrest, Greene, Grenada, Hinds, Holmes, Issaquena, Jasper, Jefferson Davis, Kemper, Lawrence, Monroe, Neshoba, Newton, Noxubee, Oktibbeha, Perry, Pontotoc, Prentiss, Scott, Smith, Tishomingo, Union, Webster and Yazoo.
SBA disaster loans are available to homeowners and renters, businesses of all sizes and most private non-profit organizations to cover uninsured losses from the disaster. Interest rates are as low as 2.188 percent for homeowners, 4 percent for businesses and 2.625 percent for private non-profit organizations. Loan terms can be up to 30 years.
To be considered for all forms of disaster assistance, applicants should register online at www.DisasterAssistance.gov or by mobile device at m.fema.gov. If online or mobile access is unavailable, applicants should call FEMA toll-free Helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362 (800-462-7585 TTY). The toll-free telephone numbers will operate from 7 a.m. to 10 p.m. (local time) daily until further notice.
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 email@example.com. Loan applications can be downloaded from www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to return applications for physical property damage is June 30. The deadline to return economic injury applications is Jan. 30, 2015.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- UMMC reaching out after death of high school football player
- Report: Mississippi has worst child poverty rate in U.S.
- UPDATED: Jackson agrees to repay HUD $1.5 million for Farish Street blunders
- Fitch gives Mississippi Power a negative outlook due to Kemper plant
- Nehi Bottling Company has been a Cleveland fixture for 85 years