Disaster press release PR 15298

PR 15298 & PR 15322 - SBA Extends Disaster Assistance Application Deadline to June 18; Over $1.2 Billion Approved

...


ATLANTA –

The U.S. Small Business Administration (SBA) has extended the deadline to apply for physical disaster damages in

Puerto Rico.

Businesses and individuals with physical damages caused by Hurricane Irma or Hurricane Maria should apply for an SBA low-interest disaster loan before the

June 18, 2018

deadline.

As of March 19, SBA has approved 34,021 disaster loans for individuals and businesses in the amount of $1,243,177,200.

SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster.  Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters.  Loan terms can be up to 30 years.

Economic injury disaster loans are also available to provide disaster related working capital to small businesses and most private nonprofit organizations.  These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.

To be considered for all forms of disaster assistance, applicants should register online at

www.DisasterAssistance.gov

or download the FEMA mobile app.  If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.

Additional information on disaster recovery centers and the disaster loan program may be obtained by calling 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

.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

Disasterloan.sba.gov

. Loan applications can be downloaded from

www.sba.gov

/disaster

.  Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.  For more information about SBA recovery assistance, visit

www.sba.gov/disaster

.

The filing deadline to submit applications for physical property damage has been extended to

June 18, 2018


for Hurricanes Irma and Maria. The deadline for economic injury applications is

June 11, 2018


for Hurricane Irma and

June 20, 2018


for Hurricane Maria.


ATLANTA –

The U.S. Small Business Administration (SBA) has extended the deadline to apply for physical disaster damages in

Puerto Rico.

Businesses and individuals with physical damages caused by Hurricane Irma or Hurricane Maria should apply for an SBA low-interest disaster loan before the

June 18, 2018

deadline.


ATLANTA –


Puerto Rico.


June 18, 2018

As of March 19, SBA has approved 34,021 disaster loans for individuals and businesses in the amount of $1,243,177,200.

SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster.  Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters.  Loan terms can be up to 30 years.

Economic injury disaster loans are also available to provide disaster related working capital to small businesses and most private nonprofit organizations.  These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.

To be considered for all forms of disaster assistance, applicants should register online at

www.DisasterAssistance.gov

or download the FEMA mobile app.  If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.

Additional information on disaster recovery centers and the disaster loan program may be obtained by calling 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

.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

Disasterloan.sba.gov

. Loan applications can be downloaded from

www.sba.gov

/disaster

.  Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.  For more information about SBA recovery assistance, visit

www.sba.gov/disaster

.

The filing deadline to submit applications for physical property damage has been extended to

June 18, 2018


for Hurricanes Irma and Maria. The deadline for economic injury applications is

June 11, 2018


for Hurricane Irma and

June 20, 2018


for Hurricane Maria.

June 18, 2018


June 11, 2018


June 20, 2018

Related programs: Disaster