Disaster press release LA 15045-03

LA 15045-03 SBA Tops $5 Million in Disaster Assistance Loans

SACRAMENTO, Calif. – District Director Michael Ricks of the U.S. Small Business Administration’s Louisiana District Office announced today that SBA ha...


SACRAMENTO, Calif. –

District Director Michael Ricks of the U.S. Small Business Administration’s Louisiana District Office announced today that SBA has approved $5,065,000 in federal disaster loans for Louisiana businesses and residents impacted by severe storms, tornadoes and straight-line winds in Livingston and Orleans parishes that occurred Feb. 7, 2017.

According to Ricks, SBA has approved $1,069,900 for businesses and $3,995,100 for residents to help rebuild and recover from this disaster.

SBA representatives will continue to meet with business owners and residents to answer questions, explain the application process, help them complete their application and close their approved loans at the following Disaster Recovery Center until it closes at 5:30 p.m. Friday, April 14. No appointment is necessary.

ORLEANS PARISH




Disaster Recovery Center


East New Orleans Regional Library


5641 Read Blvd.


New Orleans, LA  70127

Wednesday – Friday, 8:30 a.m. - 5:30 p.m.


Closes 5:30 p.m. Friday, April 14

“Although the deadline to apply for property damage loans is today, April 12, small businesses and most private nonprofit organizations of any size may continue to apply for an Economic Injury Disaster Loan to help meet working capital needs caused by the disaster. Economic injury loans are available regardless of whether the business or nonprofit organization suffered any property damage,” Ricks said.

Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for an Economic Injury Disaster Loan of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred. The deadline to apply for an economic injury loan is Nov. 13, 2017.

Applicants may apply online using SBA’s secure website at



https://disasterloan.sba.gov/ela

.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing


disastercustomerservice@sba.gov


. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more disaster assistance information or to download applications, visit



https://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.

Related programs: Disaster

Media contacts

U.S. Small Business Administration