Disaster press release GA 15012

GA 15012 - Deadline Approaching in Florida for SBA Working Capital Loans Due to Drought

ATLANTA - The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquacultu...


ATLANTA -

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

Aug. 8

is the filing deadline for federal economic injury disaster loans in  Gadsden, Hamilton, Jefferson, Leon and Madison counties in

Florida

as a result of the drought that began on Nov. 29, 2016.

“These counties are eligible because they are contiguous to one or more primary counties in

Georgia

.  The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” said Frank Skaggs, director of SBA’s Field Operations Center East


in Atlanta.

Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers.  Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

The loans are for working capital and can be up to $2 million with interest rates of 3.125 percent for eligible small businesses and 2.5 percent for nonprofit organizations, and terms up to 30 years.

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

https://disasterloan.sba.gov/ela

.

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to

disastercustomerservice@sba.gov

.  Loan applications can 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.

Completed loan applications must be returned to SBA no later than

Aug. 8, 2017


.

# # #


For more information about the SBA’s Disaster Loan Program, visit our website at



www.sba.gov



/disaster


.


ATLANTA -

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

Aug. 8

is the filing deadline for federal economic injury disaster loans in  Gadsden, Hamilton, Jefferson, Leon and Madison counties in

Florida

as a result of the drought that began on Nov. 29, 2016.


ATLANTA -


Aug. 8


Florida

“These counties are eligible because they are contiguous to one or more primary counties in

Georgia

.  The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” said Frank Skaggs, director of SBA’s Field Operations Center East


in Atlanta.


Georgia

Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers.  Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

The loans are for working capital and can be up to $2 million with interest rates of 3.125 percent for eligible small businesses and 2.5 percent for nonprofit organizations, and terms up to 30 years.

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

https://disasterloan.sba.gov/ela

.

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to

disastercustomerservice@sba.gov

.  Loan applications can 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.

Completed loan applications must be returned to SBA no later than

Aug. 8, 2017


.

Aug. 8, 2017

# # #


For more information about the SBA’s Disaster Loan Program, visit our website at



www.sba.gov



/disaster


.

Related programs: Disaster