Disaster press release MS 14588

MS 14588 - SBA Deadline to Apply for Economic Injury Disaster Loans for Dec., 2015 Storms in Mississippi is Oct. 4

...


ATLANTA –

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

Mississippi

of the deadline to submit disaster loan applications for economic injury caused by the severe storms, tornadoes, high winds and flooding on Dec. 23-28, 2015.  The deadline to apply for a working capital disaster loan is

Oct. 4, 2016

.

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

Oct. 4

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

Low-interest disaster loans are available in the counties of Alcorn, Benton, Bolivar, Chickasaw, Clay, Coahoma, DeSoto, Itawamba, Lafayette, Lee, Lowndes Marshall, Monroe, Panola, Prentiss, Quitman, Sunflower, Tallahatchie, Tate, Tippah, Tishomingo, Tunica, Union, and Yalobusha counties in

Mississippi

; Lamar and Marion in

Alabama

; Desha and Phillips in

Arkansas

; Fayette, Hardeman and Shelby in

Tennessee

.

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

Oct. 4, 2016


.


ATLANTA –

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

Mississippi

of the deadline to submit disaster loan applications for economic injury caused by the severe storms, tornadoes, high winds and flooding on Dec. 23-28, 2015.  The deadline to apply for a working capital disaster loan is

Oct. 4, 2016

.


ATLANTA –


Mississippi


Oct. 4, 2016

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

Oct. 4

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


Oct. 4

Low-interest disaster loans are available in the counties of Alcorn, Benton, Bolivar, Chickasaw, Clay, Coahoma, DeSoto, Itawamba, Lafayette, Lee, Lowndes Marshall, Monroe, Panola, Prentiss, Quitman, Sunflower, Tallahatchie, Tate, Tippah, Tishomingo, Tunica, Union, and Yalobusha counties in

Mississippi

; Lamar and Marion in

Alabama

; Desha and Phillips in

Arkansas

; Fayette, Hardeman and Shelby in

Tennessee

.


Mississippi


Alabama


Arkansas


Tennessee

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

Oct. 4, 2016


.

Oct. 4, 2016

Related programs: Disaster