WASHINGTON –
Low-interest economic injury disaster loans are available to
Mississippi
small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations affected by the City of Vicksburg’s main waterline rupture on May 17 – 24, 2017.
SBA Administrator Linda McMahon made the loans available following a request from Mississippi Gov. Phil Bryant on Aug. 28 for a disaster declaration by the SBA. The declaration covers Warren County and the neighboring counties of Claiborne, Hinds, Issaquena and Yazoo in
Mississippi
; and the adjacent parishes of East Carroll, Madison and Tensas in
Louisiana
.
“The Small Business Administration is strongly committed to providing the most effective and customer-focused response possible to help small businesses and nonprofits in
Mississippi
with their federal disaster loans,” said McMahon. “Getting businesses and communities up and running after a disaster is our highest priority at SBA.”
Applications and program information are available 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 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.
“The SBA can help affected small businesses and nonprofit organizations overcome their economic losses by offering working capital loans, but the help cannot start until they submit an SBA Disaster Loan application to us,” said Janita Stewart, SBA’s district director in
Mississippi
.
Eligible entities may qualify for loans up to $2 million. The SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. The rates on these loans are 2.5 percent for nonprofit organizations and 3.215 percent for small businesses with terms up to 30 years. The SBA determines eligibility for the loans based on the size and type of business and its financial resources.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at
https://disasterloan.sba.gov/ela
.
The deadline to return economic injury applications is
June 1, 2018.
WASHINGTON –
Low-interest economic injury disaster loans are available to
Mississippi
small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations affected by the City of Vicksburg’s main waterline rupture on May 17 – 24, 2017.
WASHINGTON –
Mississippi
SBA Administrator Linda McMahon made the loans available following a request from Mississippi Gov. Phil Bryant on Aug. 28 for a disaster declaration by the SBA. The declaration covers Warren County and the neighboring counties of Claiborne, Hinds, Issaquena and Yazoo in
Mississippi
; and the adjacent parishes of East Carroll, Madison and Tensas in
Louisiana
.
Mississippi
Louisiana
“The Small Business Administration is strongly committed to providing the most effective and customer-focused response possible to help small businesses and nonprofits in
Mississippi
with their federal disaster loans,” said McMahon. “Getting businesses and communities up and running after a disaster is our highest priority at SBA.”
Mississippi
Applications and program information are available 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 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.
“The SBA can help affected small businesses and nonprofit organizations overcome their economic losses by offering working capital loans, but the help cannot start until they submit an SBA Disaster Loan application to us,” said Janita Stewart, SBA’s district director in
Mississippi
.
Mississippi
Eligible entities may qualify for loans up to $2 million. The SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. The rates on these loans are 2.5 percent for nonprofit organizations and 3.215 percent for small businesses with terms up to 30 years. The SBA determines eligibility for the loans based on the size and type of business and its financial resources.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at
https://disasterloan.sba.gov/ela
.
The deadline to return economic injury applications is
June 1, 2018.
June 1, 2018.