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[IDHS] Deadline Looms to Apply for SBA Disaster Loans due to Extreme Weather in 2012
Start Date: 4/26/2013
End Date: 4/26/2013
Entry Description
Deadline Looms to Apply for SBA Disaster Loans due to Extreme Weather in 2012
All Indiana counties eligible due to excessive heat, frost and drought


Small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes are reminded that May 6 is the filing deadline for federal economic injury disaster loans. These loans are available in all Indiana counties as a result of the excessive heat, frost, freeze and drought that began on Feb. 1, 2012.

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 working capital loan amount can be up to $2 million with interest rates as low as 4 percent for eligible small businesses and 3 percent for non-profit organizations with terms up to 30 years.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.

Disaster loan information and application forms may also be obtained by calling the 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. Loan applications can be downloaded from the SBA’s website at www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

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MEDIA CONTACT ONLY:
IDHS: PIO on duty, (317) 234-6713, pio@dhs.in.gov. Follow us on Facebook and Twitter.
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Entry Type:
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Entry Category:
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  • IN.gov Category:
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  • Agency Name
    Homeland Security, Indiana Department of

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