Disaster press release MI 14548

MI 14548 - SBA Deadline to Apply for Economic Injury Disaster Loans in Michigan is July 25

...


ATLANTA –

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

Michigan

of the deadline to submit disaster loan applications for economic injury caused by the drought, excessive rain, hail and high winds from April 1 through September 10, 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

July 25

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

The disaster declaration includes the following counties:  Alcona, Alger, Alpena, Antrim, Benzie, Charlevoix, Cheboygan, Chippewa, Crawford, Grand Traverse, Iosco, Kalkaska, Leelanau, Luce, Mackinac, Manistee, Missaukee, Montmorency, Otsego, Ogemaw, Oscoda, Presque Isle, Schoolcraft and Wexford in

Michigan

.

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

July 25, 2016


.


ATLANTA –

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

Michigan

of the deadline to submit disaster loan applications for economic injury caused by the drought, excessive rain, hail and high winds from April 1 through September 10, 2015

.


ATLANTA –


Michigan


.

“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

July 25

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


July 25

The disaster declaration includes the following counties:  Alcona, Alger, Alpena, Antrim, Benzie, Charlevoix, Cheboygan, Chippewa, Crawford, Grand Traverse, Iosco, Kalkaska, Leelanau, Luce, Mackinac, Manistee, Missaukee, Montmorency, Otsego, Ogemaw, Oscoda, Presque Isle, Schoolcraft and Wexford in

Michigan

.


Michigan

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

July 25, 2016


.

July 25, 2016

Related programs: Disaster