Disaster press release MS 14739

MS 14739 - Final Month to Apply for Working Capital Loans For Torrential Rains and Flash Flooding in Mississippi

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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

Mississippi

of the deadline to submit disaster loan applications for economic injury caused by the torrential rains and flash flooding from April 28 through May 2, 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

March 7, 2017

deadline,” said Frank Skaggs, director of SBA Field Operations Center East in Atlanta.
Low-interest disaster loans are available in the following counties: Hancock, Harrison, Jackson, Pearl River and Stone in

Mississippi

.
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.
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 returned to the center or 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

March 7, 2017


.

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 torrential rains and flash flooding from April 28 through May 2, 2016.


ATLANTA –


Mississippi

“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

March 7, 2017

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


March 7, 2017

Low-interest disaster loans are available in the following counties: Hancock, Harrison, Jackson, Pearl River and Stone in

Mississippi

.


Mississippi

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.
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 returned to the center or 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

March 7, 2017


.

March 7, 2017

Related programs: Disaster