Disaster press release MA 15010

MA 15010 - SBA Working Capital Loan Deadline in Massachusetts For Ten Alarm Fire in Cambridge is Sept. 14

...


ATLANTA –

The U.S. Small Business Administration is reminding businesses in

Massachusetts

that economic injury disaster loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by the Cambridge ten alarm fire on Dec. 3, 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

Sept. 14

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

Low-interest disaster loans are available in Essex, Middlesex, Norfolk, Suffolk and Worcester counties in

Massachusetts

; and Hillsborough County in

New Hampshire

.

Working capital disaster loans up to $2 million are available at 3.125 percent for small businesses, and 2.5 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.

Survivors may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela

.

Businesses may also obtain information and loan applications 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 emailing

disastercustomerservice@sba.gov

. Loan applications can also be downloaded 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

Sept. 14, 2017


.


ATLANTA –

The U.S. Small Business Administration is reminding businesses in

Massachusetts

that economic injury disaster loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by the Cambridge ten alarm fire on Dec. 3, 2016.


ATLANTA –


Massachusetts

“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

Sept. 14

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


Sept. 14

Low-interest disaster loans are available in Essex, Middlesex, Norfolk, Suffolk and Worcester counties in

Massachusetts

; and Hillsborough County in

New Hampshire

.


Massachusetts


New Hampshire

Working capital disaster loans up to $2 million are available at 3.125 percent for small businesses, and 2.5 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.

Survivors may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela

.

Businesses may also obtain information and loan applications 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 emailing

disastercustomerservice@sba.gov

. Loan applications can also be downloaded 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

Sept. 14, 2017


.

Sept. 14, 2017

Related programs: Disaster