Disaster press release MA 15775

MA 15775 - SBA Deadline for Massachusetts Small Businesses to Apply for Working Capital Loans for Natural Gas Line Explosion

...


ATLANTA

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

Massachusetts

that working capital loans are still available to small businesses, small agricultural cooperatives, small aquaculture businesses and private nonprofit organizations affected by the natural gas line explosion on Sept. 13, 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

July 23

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

Low-interest disaster loans are available in the following counties: Essex, Middlesex and Suffolk in

Massachusetts

; Hillsborough and Rockingham in

New Hampshire

.

Working capital disaster loans up to $2 million are available at 3.675 percent for small businesses, and 2.5 percent for private nonprofit organizations with terms up to 30 years.  These loans are intended to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  To be considered for this assistance, eligible entities need to apply by the deadline.

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

www.sba.gov


. Completed applications should be returned to the center or 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

July 23, 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 businesses in

Massachusetts

that working capital loans are still available to small businesses, small agricultural cooperatives, small aquaculture businesses and private nonprofit organizations affected by the natural gas line explosion on Sept. 13, 2018.


ATLANTA


Massachusetts

“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

July 23

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


July 23

Low-interest disaster loans are available in the following counties: Essex, Middlesex and Suffolk in

Massachusetts

; Hillsborough and Rockingham in

New Hampshire

.


Massachusetts


New Hampshire

Working capital disaster loans up to $2 million are available at 3.675 percent for small businesses, and 2.5 percent for private nonprofit organizations with terms up to 30 years.  These loans are intended to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  To be considered for this assistance, eligible entities need to apply by the deadline.

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

www.sba.gov


. Completed applications should be returned to the center or 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

July 23, 2019


.

July 23, 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