Disaster press release KY 14390

KY 14390 - SBA Deadline to Apply for Economic Injury Disaster Loans in Kentucky is April 25

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ATLANTA – The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations in Kentucky of the deadline to submit disaster loan applications for economic injury caused by flash flooding on July 7, 2015.  The deadline to apply for a working capital disaster loan is April 25, 2016.

“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 April 25 deadline,” said Frank Skaggs, director of SBA Field Operations Center East in Atlanta.

Low-interest disaster loans are available in the counties of Ballard, Carlisle, Graves, Livingston, Marshall and McCracken in Kentucky; Massac and Pulaski in Illinois.

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 April 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 Kentucky of the deadline to submit disaster loan applications for economic injury caused by flash flooding on July 7, 2015.  The deadline to apply for a working capital disaster loan is April 25, 2016.

ATLANTA – Kentucky April 25, 2016.

“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 April 25 deadline,” said Frank Skaggs, director of SBA Field Operations Center East in Atlanta.

April 25

Low-interest disaster loans are available in the counties of Ballard, Carlisle, Graves, Livingston, Marshall and McCracken in Kentucky; Massac and Pulaski in Illinois.

Kentucky; Illinois.

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 April 25, 2016 .

April 25, 2016

Related programs: Disaster