, Harrison, Mills, Monona & Page; for economic injury only The U.S. Small Business Administration is offering low-interest loans to businesses of all sizes and private, non-profit organizations. SBA can also lend additional funds to homeowners and renters to repair or replace disaster damaged real estate and personal property.
Interest Rates:
• Businesses of all sizes: 3.215%
• Private non-profit organizations: 2.5%
• Homeowners and renters: 2.5%
Loan Terms:
• Up to 30 years
• Actual repayment terms determined by ability to repay
Loan Amounts:
• Businesses of all sizes: up to $2 million
• Private non-profit organizations: up to $2 million
• Homeowners and renters: up to $200,000 for repair or replacement of real estate and/or personal property
Eligibility Requirements:
• Businesses and private, non-profit organizations of any size may apply
• Homeowners and renters may apply
• Credit cannot be the deciding factor for loan approval
• Loan proceeds may be used to repair or replace the following items damaged or destroyed in the disaster: real estate, inventories, supplies, equipment, machinery, fixtures and other assets.
Application Process:
• Disaster loan applications may be submitted online at https://disasterloan.sba.gov/ela/
• Applicants may also call SBA’s Customer Service Center at 1-800-659-2955 (TTY: 1-800-877-8339) or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.
• Completed applications should be mailed to:
U.S. Small Business Administration
Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX 76155
Get the free MISSOURI Declaration # 12736/12737 - sba
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Date 08/12/2011 U* S* SMALL BUSINESS ADMINISTRATION FACT SHEET - DISASTER LOANS MISSOURI Declaration 12736/12737 Disaster MO-00052 Incident FLOODING occurring June 1 through August 1 2011 in the Missouri counties of Andrew Atchison Buchanan Holt Lafayette Platte for economic injury only in the contiguous Missouri counties of Carroll Clay Clinton DeKalb Gentry Jackson Johnson Nodaway Pettis Ray Saline Application Filing Deadlines Physical Damage October 11 2011 Economic Injury May 14 2012...
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