SBA loans available for disaster relief

Sunday, July 14, 2019

The United States Small Business Administration is accepting applications for disaster assistance for individuals affected by recent storm damage.

“Small Business Loans are available for those with damages from the June Tornado,” Greene County Emergency Management Agency Director Roger Axe said.

According to a press release from the SBA, the loans were made available following a letter from Indiana Governor Eric Holcomb, requesting a disaster declaration by the SBA.

“The declaration covers Monroe County and the adjacent counties of Brown, Greene, Jackson, Lawrence, Morgan and Owen in Indiana,” the release states.

“The SBA is strongly committed to providing the people of Indiana with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” Acting Administrator Christopher Pikerton announced.

Axe said a service center will be open in Ellettsville this week, at the North Monroe Fire Station Number 5, with hours Monday, July 15 to Thursday, July 18. Hours are 9 a.m. to 6 p.m. Monday through Wednesday and will close at 4 p.m. Thursday.

The program offers low-interest federal loans for disaster-related damages.

For more information, call 1-800-659-2955 or email disastercustomerservice@sba.gov.

“For those who do not qualify for the SBA Loan, they may apply to the Indiana State Disaster Fund. Sept. 3 is the last day to apply for the loan,” Axe noted.

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