Disaster press release GA 15534

GA 15534 - Georgia Deadline Approaching for SBA Working Capital Loans Due to Drought

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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 Jan. 10 is the filing deadline for federal economic injury disaster loans in Georgia as a result of drought that began on March 13, 2018.

This disaster declaration includes the following counties: Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Charlton, Clinch, Coffee, Echols, Irwin, Jeff Davis, Lanier, Montgomery, Pierce, Telfair, Toombs, Ware and Wheeler in 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 3.58 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 Disasterloan.sba.gov.

Businesses and individuals 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 sba.gov . 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 Jan. 10, 2019 .

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of  the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

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 Jan. 10 is the filing deadline for federal economic injury disaster loans in Georgia as a result of drought that began on March 13, 2018.

ATLANTA - Jan. 10 Georgia

This disaster declaration includes the following counties: Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Charlton, Clinch, Coffee, Echols, Irwin, Jeff Davis, Lanier, Montgomery, Pierce, Telfair, Toombs, Ware and Wheeler in Georgia.

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 3.58 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 Disasterloan.sba.gov.

Businesses and individuals 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 sba.gov . 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 Jan. 10, 2019 .

Jan. 10, 2019 .

About the U.S. Small Business Administration

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of  the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Related programs: Disaster