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SBA Disaster Loans Available in Two More Minnesota Counties for Private Non-Profit Organizations; Upcoming Deadline Sept. 19

ATLANTA, Aug. 22, 2014 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration adds Hennepin and Ramsey counties for disaster assistance and reminds eligible private non-profit (PNP) organizations in Minnesota of the Sept. 19 deadline to submit disaster loan applications for damages caused by severe storms, high winds, flooding, landslides and mudslides from June 11 through July 11, 2014.

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PNPs that provide non-critical services located in the following Minnesota counties are eligible to apply:  Chippewa, Freeborn, Hennepin, Jackson, Murray, Nobles, Pipestone, Ramsey, Renville and Rock. 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 private non-profit organizations for physical losses up to its loan limits.  Approved loans can be increased for protective measures to lessen similar future damages.  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 [email protected]. 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 September 19, 2014.  The deadline to return economic injury applications is April 21, 2015.

For more information about the SBA Disaster Loan Program, visit our website at www.sba.gov/disaster.

Release Number: 14-339, MN 14064/14065

Contact: Michael Lampton
Email: [email protected]
Phone: (404) 331-0333

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SOURCE U.S. Small Business Administration

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