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[IDHS] Low Interest Disaster Loans Available to Non-Profits for January Snowstorm
Start Date: 5/1/2014Start Time: 12:00 AM
End Date: 5/1/2014
Entry Description
Low Interest Disaster Loans Available to Non-Profits for January Snowstorm

Private non-profit organizations in 19 Indiana counties are now eligible for low-interest disaster loans from the U.S. Small Business Administration (SBA) as a result of the severe winter storm on January 5-9. Loans are available in the following counties: Boone, Clay, Hendricks, Huntington, Jasper, Kosciusko, Madison, Morgan, Newton, Noble, Owen, Parke, Putnam, Sullivan, Tipton, Vigo, Wabash, White, and Whitley.

According to SBA, eligible private non-profits do not provide critical services of a governmental nature. Examples include food kitchens, homeless shelters, libraries, community centers, and schools.

Organizations can borrow up to $2 million to repair or replace damaged assets such as real estate, inventory, and equipment.

How to Apply
Disaster loan information can be completed on SBA's secure website at https://disasterloan.sba.gov/ela/.

Applications can also be downloaded from the SBA website at 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.

For questions about eligibility, applying, or loan terms, please call 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.

The deadline to return applications for physical property damage is June 23, 2014.

Economic Injury Disaster Loans (EIDL)
The SBA is also offering Economic Injury Disaster Loans to help private non-profits meet financial needs, which includes payroll, working capital and other business financial commitments. EIDL assistance is available regardless of whether the business suffered any physical property damage.

The deadline to return economic injury applications is January 22, 2015.

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Media Contact
IDHS public information officer on duty at 317-234-6713 or pio@dhs.in.gov.
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Public Safety
  • Agency Name
    Homeland Security, Indiana Department of

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