Disaster press release SC 14980

SC 14980 - SBA Deadline Approaching in North Carolina for Working Capital Loans

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 July 10 is the filing deadline for federal economic injury disaster loans in Anson, Brunswick, Columbus, Richmond, Robeson and Scotland counties in North Carolina as a result of the high winds, storm surges, and flooding due to Hurricane Matthew on Oct. 7-8, 2016.

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

The loans are for working capital and can be up to $2 million with interest rates of 4 percent for eligible small businesses and 2.625 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 July 10, 2017 .

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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 July 10 is the filing deadline for federal economic injury disaster loans in Anson, Brunswick, Columbus, Richmond, Robeson and Scotland counties in North Carolina as a result of the high winds, storm surges, and flooding due to Hurricane Matthew on Oct. 7-8, 2016.

ATLANTA - July 10 North Carolina

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

South Carolina

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.

The loans are for working capital and can be up to $2 million with interest rates of 4 percent for eligible small businesses and 2.625 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 July 10, 2017 .

Completed loan applications must be returned to SBA no later than July 10, 2017 .

# # #

For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov/disaster .

Related programs: Disaster