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SBA Deadline for Non-Profit Organizations to Apply for Disaster Loans is Sept. 6

Clay Free Press by Clay Free Press
August 11, 2016
in Featured, Top Stories
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The U.S. Small Business Administration is reminding eligible Private NonProfit (PNP) organizations in West Virginia of the Sept. 6 deadline to submit disaster loan applications for  physical  damages  caused  by  severe  storms, flooding,  landslides and mudslides on June 22-29, 2016.
PNPs located in Braxton, Clay, Fayette, Gilmer, Greenbrier, Jackson, Kanawha, Lewis, Lincoln, Monroe,  Nicholas, Pocahontas, Randolph, Roane, Summers, Upshur, Wayne  and  Webster counties in West Virginia are eligible to apply to SBA. Examples of eligible non-critical PNP organizations  include,  but are not limited to,  food kitchens, homeless  shelters, museums, libraries, community centers, schools and colleges.
The SBA offers low-interest  disaster loans to PNP organizations for physical losses up to$2 million. Applicants may be eligible for a loan amount increase up to 20 percent of their physical  damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster. Additionally, PNPs can obtain loans for unmet working capital needs. To be considered for this assistance, PNPs need to apply by the deadline.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms may also be obtained by calling 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. Applications can also be downloaded from the SBA’s website at  www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to return applications for physical property damage is  Sept. 6, 2016.  The deadline to return economic injury applications is April 6, 2017.

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