Deadline to Apply for Economic Injury Disaster Loans in Kentucky is
December 6
ATLANTA, Nov. 6, 2012 /PRNewswire-USNewswire/ -- The
U.S. Small Business Administration is reminding businesses in
Kentucky that working capital
loans are still available to small businesses, small agricultural
cooperatives, small businesses engaged in aquaculture and most
private non-profit organizations affected by the severe storms,
tornadoes, straight-line winds and flooding between Feb. 29 and March 3, 2012.
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"Businesses that suffered economic losses as a result of the
disaster and want to apply for
low-interest loans from the SBA are urged to do so before the
Dec. 6, deadline," said Frank Skaggs, director of SBA Field Operations
Center East.
Economic Injury Disaster Loans (EIDLs) up to $2 million are available at 3 percent for private
non-profit organizations of all sizes and 4 percent for small
businesses, with terms up to
30 years. The loans are intended to pay fixed debts, payroll,
accounts payable, and other expenses that could have been paid had
the disaster not occurred. To be considered for this
assistance, disaster survivors need to apply by the deadline.
These EIDLs are available to small businesses and most private
non-profit organizations in the following counties: Adair, Bath,
Boone, Bourbon, Boyd, Bracken, Breckinridge, Breathitt, Butler, Campbell, Carroll, Carter, Casey, Clark,
Clay, Clinton, Cumberland, Daviess, Edmonson, Elliott, Fleming, Floyd, Gallatin, Grant, Grayson, Green, Hancock, Hardin, Hart,
Harrison, Henry, Jackson, Johnson, Kenton, Knott, Knox,
Larue, Laurel, Lawrence, Lee, Lewis,
Magoffin, Marion, Martin, Menifee, McCreary, McLean, Montgomery, Morgan, Muhlenberg, Nelson, Nicholas, Oldham, Ohio,
Owen, Pendleton, Pike, Powell,
Pulaski, Rockcastle, Rowan, Russell, Scott, Taylor, Trimble, Wayne, Whitley and Wolfe in Kentucky; Clark, Jefferson, and Switzerland in Indiana; Clermont and Hamilton in Ohio; and Mingo and Wayne in West
Virginia.
Applicants may apply online using the Electronic Loan
Application (ELA) via SBA's secure website at
https://disasterloan.sba.gov/ela.
To obtain disaster loan information and application forms, call
the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for
the deaf and hard-of-hearing) or send an email to
disastercustomerservice@sba.gov. Loan application forms can
also be downloaded from 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.
The deadline for economic injury applications is December 6, 2012.
For more information about the SBA's Disaster Loan Program,
visit our website at www.sba.gov.
Contact: Michael
Lampton
Phone: 404-331-0333
Release Number: 13-060, KY 13030
SOURCE U.S. Small Business Administration