Disaster press release NC 15517

NC 15517 - SBA Deadline for North Carolina Small Businesses to Apply for Working Capital Loans for the Tornado and Severe Storms is Feb. 8

...

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 the tornado and severe storms on April 15, 2018.
“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

Feb. 8

deadline,” said Kem Fleming, director of SBA Field Operations Center East.
Low-interest disaster loans are available in the following counties:  Alamance, Caswell, Davidson, Forsyth, Guilford, Randolph, Rockingham and Stokes in

North Carolina

; Henry and Pittsylvania in

Virginia

.
Working capital disaster loans up to $2 million are available at 3.58 percent for small businesses, and 2.5 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

DisasterLoan.sba.gov


.
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

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

Feb. 8, 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 and grow their businesses. It delivers services to people 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 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 the tornado and severe storms on April 15, 2018.


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

Feb. 8

deadline,” said Kem Fleming, director of SBA Field Operations Center East.


Feb. 8

Low-interest disaster loans are available in the following counties:  Alamance, Caswell, Davidson, Forsyth, Guilford, Randolph, Rockingham and Stokes in

North Carolina

; Henry and Pittsylvania in

Virginia

.


North Carolina


Virginia

Working capital disaster loans up to $2 million are available at 3.58 percent for small businesses, and 2.5 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

DisasterLoan.sba.gov


.
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

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

Feb. 8, 2019


.

Feb. 8, 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 and grow their businesses. It delivers services to people 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