SBA Disaster Loan Outreach Center Opens to Help Those Affected by Floods in Michigan

ATLANTA, July 5, 2012 /PRNewswire-USNewswire/ -- Michigan residents and businesses affected by the severe storms and flooding on May 3-5 can get assistance from the U.S. Small Business Administration at a Disaster Loan Outreach Center opening Tuesday, July 10.

(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO)

The center is located in the following community and is open as indicated:

GENESEE COUNTY

Flint Township Police Department
5200 Norko Drive
Flint, Michigan  48507

Interest rates are as low as 1.938 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant's financial condition.

Individuals and businesses unable to visit the Center in person may obtain information and loan applications by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to [email protected]. Loan applications can also be downloaded from www.sba.gov. Completed applications should be returned to the Center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

The filing deadline to return applications for physical property damage is August 27, 2012.  The deadline to return economic injury applications is March 28, 2013.

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

CONTACT:  Matt Young, +1-404-331-0333

SOURCE U.S. Small Business Administration

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