SBA's Deadline is August 4 to Submit Loan Applications for Physical Disaster Damage in Pennsylvania - KMPH FOX 26 | Central San Joaquin Valley News Source

SBA's Deadline is August 4 to Submit Loan Applications for Physical Disaster Damage in Pennsylvania

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE U.S. Small Business Administration

ATLANTA, July 1, 2014 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations of the deadline to submit disaster loan applications for damages due to severe storms and flooding on May 21-22, 2014.  The deadline to apply for physical damage is Aug. 4, 2014.

SBA LOGO.

Low-interest disaster loans are available in Cameron, Clearfield, Elk, Forest, Jefferson, McKean and Warren counties in Pennsylvania.  Insurance claims do not have to be settled prior to applying.

Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate.  Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property. Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

For small businesses, small agricultural cooperatives, small businesses engaged in aquacultural, and most private non-profit organizations of all sizes, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDL assistance is available regardless of whether the business suffered any physical property damage.

Interest rates are as low as 2.188 percent for homeowners and renters, 2.625 percent for
non-profit organizations and 4 percent for businesses with terms up to 30 years.  The SBA sets the loan amounts and terms based on each applicant's financial condition.

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 www.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 filing deadline to return applications for physical property damage is August 4, 2014.  The deadline to return economic injury applications is March 5, 2015.

For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov/disaster.

Release Number: 14-295, PA 14015/14016

Contact:
Michael Lampton
Email: Michael.Lampton@sba.gov 
Phone: (404) 331-0333

Logo - http://photos.prnewswire.com/prnh/20110909/DC65875LOGO

©2012 PR Newswire. All Rights Reserved.

  • Local NewsLocal NewsMore>>

  • Wildfire Near Mammoth Pool Forces Campers Out

    Wildfire Near Mammoth Pool Forces Campers Out

    Campers are being evacuated right now at Fish Creek and Rock Creek, near Mammoth Pool. AA wildfire is burning in that area. It started Monday morning. The US Forest Service is reporting that 60 acres have burned so far.More >>
    Campers are being evacuated right now at Fish Creek and Rock Creek, near Mammoth Pool. AA wildfire is burning in that area. It started Monday morning. The US Forest Service is reporting that 60 acres have burned so far. More >>
  • Wildfire Near Yosemite Grows to 2,600 Acres, No Containment

    Wildfire Near Yosemite Grows to 2,600 Acres, No Containment

    Firefighters will be working through the night, and into the morning, to gain control of a wildfire that is burning near Yosemite National Park for a second night.The El Portal Fire now covers 2,632 acres.Close to 600 firefighters are on site—and more are expected to arrive overnight.A stretch of Highway 120 remains closed from Crane Flat to the 120/140 Junction.Smoke from the fire, is now creeping into Yosemite Valley."You can barely make out El Capitan," said Ryan Green, who stopped at the ...More >>
    Firefighters will be working through the night, and into the morning, to gain control of a wildfire that is burning near Yosemite National Park for a second night.The El Portal Fire now covers 2,632 acres.Close to 600 firefighters are on site—and more are expected to arrive overnight.A stretch of Highway 120 remains closed from Crane Flat to the 120/140 Junction.Smoke from the fire, is now creeping into Yosemite Valley."You can barely make out El Capitan," said Ryan Green, who stopped at the ...More >>
  • Wildfire Near Yosemite Balloons to 2,100 Acres, Forces Road Closures

    Wildfire Near Yosemite Balloons to 2,100 Acres, Forces Road Closures

    A fire is burning near Yosemite National Park right now, threatening homes and forcing road closures.The fire started Saturday around 4:30 p.m. and now covers 500 acres.It is burning in the Merced Canyon, and has been named the “El Portal Fire.”The U.S. Forest Service reports that six homes have been evacuated, but more evacuations have been ordered to the town of Foresta, east of El Portal.The fire is moving in a North and East direction.So far, it has ordered the closure of Highway 120, bet...More >>
    A fire is burning near Yosemite National Park right now, threatening homes and forcing road closures.The fire started Saturday around 4:30 p.m. and now covers 500 acres.It is burning in the Merced Canyon, and has been named the “El Portal Fire.”The U.S. Forest Service reports that six homes have been evacuated, but more evacuations have been ordered to the town of Foresta, east of El Portal.The fire is moving in a North and East direction.So far, it has ordered the closure of Highway 120, bet...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.