Disaster press release OH 15074

OH 15074 - SBA Deadline to Apply for Working Capital Loans for July, 2016 Drought in Ohio is October 24

...


ATLANTA –

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

Ohio

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by the drought from July 1 through Oct. 15, 2016.  The deadline to apply for a working capital disaster loan is

Oct. 24, 2017

.

“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

Oct. 24

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

Low-interest disaster loans are available in the following counties: Ashland, Coshocton, Delaware, Holmes, Knox, Licking, Morrow and Richland in

Ohio

.

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.  Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

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 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

Oct. 24, 2017


.


ATLANTA –

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

Ohio

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by the drought from July 1 through Oct. 15, 2016.  The deadline to apply for a working capital disaster loan is

Oct. 24, 2017

.


ATLANTA –


Ohio


Oct. 24, 2017

“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

Oct. 24

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


Oct. 24

Low-interest disaster loans are available in the following counties: Ashland, Coshocton, Delaware, Holmes, Knox, Licking, Morrow and Richland in

Ohio

.


Ohio

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.  Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

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 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

Oct. 24, 2017


.

Oct. 24, 2017

Related programs: Disaster