Disaster press release NC 14785

NC 14785 - SBA Deadline to Apply for Working Capital Loans in North Carolina is April 26

...


ATLANTA –

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

North Carolina

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by high winds, flooding and severe storms on July 16, 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

April 26

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

Low-interest disaster loans are available in the following counties:  Chatham, Durham, Granville, Orange, Person and Wake in

North Carolina.

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

April 26, 2017


.


ATLANTA –

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

North Carolina

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by high winds, flooding and severe storms on July 16, 2016.


ATLANTA –


North Carolina

“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

April 26

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


April 26

Low-interest disaster loans are available in the following counties:  Chatham, Durham, Granville, Orange, Person and Wake in

North Carolina.


North Carolina.

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

April 26, 2017


.

April 26, 2017

Related programs: Disaster