Counties Qualify For Disaster Loans
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowFederal disaster loans are now available for 19 Indiana counties. The U.S. Small Business Administration will set up Disaster Loan Outreach Centers in the areas affected by severe storms and tornadoes that ripped through the state in November. February 5, 2014
News Release
INDIANAPOLIS, Ind. – As the result of a request from Governor Mike Pence, low interest federal disaster loans will be available to citizens, businesses and certain non-profit organizations in 19 counties as a result of damage from severe weather on November 17.
“Hoosiers are still struggling to recover from the aftermath of the November tornadoes in Indiana,” said Governor Pence. “We're pleased that the U.S. Small Business Administration has agreed to provide low interest federal disaster loans to assist Hoosiers, businesses, and non-profit organizations as they work to repair damage in the days and weeks ahead.”
The loan program is administered by the U.S. Small Business Administration. Disaster Loan Outreach Centers will be established in Daviess, Fountain, and Howard counties, which were the primary counties requested. Other counties that are eligible because they are contiguous are Carroll, Cass, Clinton, Dubois, Grant, Greene, Knox, Martin, Miami, Montgomery, Parke, Pike, Tippecanoe, Tipton, Vermillion, and Warren.
Applications can be accepted at the centers or online. Loan center locations and hours will be announced when determined.
SBA Disaster Loans
Hoosiers in eligible counties can apply by visiting one of the SBA Disaster Centers or online at https://disasterloan.sba.gov/ela/.
Business loan applications can also be downloaded from the SBA website at http://www.sba.gov/. Completed applications should be returned to a Disaster Loan Outreach Center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Individuals and businesses can call the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for people with speech or hearing disabilities), Monday through Friday from 8 a.m. to 6 p.m. ET or by sending an e-mail to disastercustomerservice@sba.gov.
Those suffering damage to personal or business property must return applications by April 7, 2014. The deadline to return economic injury applications – which includes, for example, payroll, working capital and other business financial commitments – is November 5, 2014.
Source: The Office of Governor Mike Pence