VALDOSTA – South Georgia residents have less than a month to seek federal aid in the wake of Hurricane Michael last year.

The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that Aug. 12 is the filing deadline for federal economic injury disaster loans in Georgia as a result of Hurricane Michael, federal officials said.

The disaster declaration includes Lowndes and Appling, Atkinson, Bacon, Baker, Baldwin, Ben Hill, Berrien, Bibb, Bleckley, Brantley, Brooks, Bryan, Bulloch, Burke, Calhoun, Camden, Candler, Charlton, Chattahoochee, Clay, Clinch, Coffee, Colquitt, Cook, Crawford, Crisp, Decatur, Dodge, Dooly, Dougherty, Early, Echols, Effingham, Emanuel, Evans, Glascock, Glynn, Grady, Greene, Hancock, Houston, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Jones, Lanier, Laurens, Lee, Liberty, Long, Lowndes, Macon, Marion, McDuffie, McIntosh, Miller, Mitchell, Monroe, Montgomery, Peach, Pierce, Pulaski, Putnam, Quitman, Randolph, Richmond, Schley, Screven, Seminole, Stewart, Sumter, Talbot, Taliaferro, Tattnall, Taylor, Telfair, Terrell, Thomas, Tift, Toombs, Treutlen, Turner, Twiggs, Upson, Ware, Warren, Washington, Wayne, Webster, Wheeler, Wilcox, Wilkinson and Worth counties.

The SBA’s economic injury disaster loan program is available to eligible farm-related and non-farm-related entities that suffered financial losses as a direct result of this disaster, federal officials said. 

With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers or ranchers.

The loans are for working capital and can be up to $2 million with interest rates of 3.675 percent for eligible small businesses and 2.5 percent for nonprofit organizations, and terms up to 30 years.

Applicants may apply online using the electronic loan application via the SBA secure website at Disasterloan.sba.gov, according to federal officials.

Disaster loan information and application forms may be obtained by calling SBA Customer Service Center, (800) 659-2955 or (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 the SBA’s website at sba.gov

Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Completed loan applications must be returned to SBA no later than Aug. 12.

React to this story:

0
0
0
0
0

Sponsored

Recommended for you