Disaster press release VA 14433

VA 14433 - SBA Deadline to Apply for Economic Injury Disaster Loans in Virginia is May 18

...

ATLANTA –

The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations in

Virginia

of the deadline to submit disaster loan applications for economic injury caused by severe weather and flooding on July 5, 2015

.
“Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the

May 18

deadline,” said Frank Skaggs, director of SBA Field Operations Center East.
Low-interest disaster loans are available in the counties of Bland, Buchanan, Russell, Smyth and Tazewell in

Virginia

; McDowell and Mercer in

West Virginia

.
Working capital disaster loans up to $2 million are available at 4 percent for small businesses, and 2.625 percent for private nonprofit organizations with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred.  To be considered for this assistance, eligible entities need to apply by the deadline.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela


.
Applications and program information are available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to

disastercustomerservice@sba.gov

. Loan applications can also be downloaded from the SBA’s website at

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 deadline to return economic injury applications is

May 18, 2016


.

ATLANTA –

The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations in

Virginia

of the deadline to submit disaster loan applications for economic injury caused by severe weather and flooding on July 5, 2015

.


ATLANTA –


Virginia


.

“Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the

May 18

deadline,” said Frank Skaggs, director of SBA Field Operations Center East.


May 18

Low-interest disaster loans are available in the counties of Bland, Buchanan, Russell, Smyth and Tazewell in

Virginia

; McDowell and Mercer in

West Virginia

.


Virginia


West Virginia

Working capital disaster loans up to $2 million are available at 4 percent for small businesses, and 2.625 percent for private nonprofit organizations with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred.  To be considered for this assistance, eligible entities need to apply by the deadline.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela


.
Applications and program information are available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to

disastercustomerservice@sba.gov

. Loan applications can also be downloaded from the SBA’s website at

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 deadline to return economic injury applications is

May 18, 2016


.

May 18, 2016

Related programs: Disaster