Disaster press release MS 15858

MS 15858 - SBA Deadline for Mississippi Small Businesses to Apply for Working Capital Loans Due to December 2018 Disaster

...

ATLANTA –

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

Mississippi

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by severe weather and flooding on Dec. 27-28, 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

Oct. 31

deadline,” said Kem Fleming, director of SBA Field Operations Center East.
Low-interest disaster loans are available in the following counties: Clarke, Covington, Forrest, George, Greene, Jasper, Jones, Lamar, Lauderdale, Newton, Pearl River, Perry, Smith, Stone and Wayne in

Mississippi;

and Choctaw and Washington in

Alabama

.
Working capital disaster loans up to $2 million are available at 3.74 percent for small businesses, and 2.75 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.
Applicants 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

Oct. 31, 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

Mississippi

that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by severe weather and flooding on Dec. 27-28, 2018.


ATLANTA –


Mississippi

“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. 31

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


Oct. 31

Low-interest disaster loans are available in the following counties: Clarke, Covington, Forrest, George, Greene, Jasper, Jones, Lamar, Lauderdale, Newton, Pearl River, Perry, Smith, Stone and Wayne in

Mississippi;

and Choctaw and Washington in

Alabama

.


Mississippi;


Alabama

Working capital disaster loans up to $2 million are available at 3.74 percent for small businesses, and 2.75 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.
Applicants 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

Oct. 31, 2019


.

Oct. 31, 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