The U.S. Small Business Administration (SBA) announced that the SBA has now approved over $1 million in low-interest disaster loans for Indiana businesses and residents affected by the severe storms and flooding from Feb. 14 through March 4, 2018. The disaster declaration covers counties in Indiana including: Lake and St. Joseph, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans including: Jasper, La Porte, Porter, Starke, in Indiana; and Berrien, Cass and Saint Joseph in Michigan. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at Disasterloan.sba.gov. To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362. The filing deadline to submit applications for physical property damage is July 5, 2018. The deadline for economic injury applications is Feb. 5, 2019.
June 4th, 2018|Local News|