SBA Disaster Loans Available in Additional Counties in Tennessee for Private NonProfit Organizations; Upcoming Deadline is June 1

ATLANTA, April 27, 2015 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration adds one additional county for disaster assistance and reminds eligible Private NonProfit (PNP) organizations in Tennessee of the June 1 deadline to submit disaster loan applications for physical damages caused by the severe winter storm and flooding on Feb. 15 – 22, 2015.

PNPs that provide non-critical services located in the following counties in Tennessee are eligible to apply: Anderson, Bedford, Bledsoe, Blount, Campbell, Clay, Coffee, Cumberland, Fentress, Giles, Grainger, Grundy, Hamblen, Hancock, Hardeman, Hardin, Jefferson, Knox, Lawrence, Loudon, Marshall, McMinn, McNairy, Meigs, Monroe, Moore, Morgan, Obion, Overton, Putnam, Roane, Scott, Sevier, Van Buren, Warren and White. 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 NonProfit 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 June 1, 2015.  The deadline to return economic injury applications is January 4, 2016.

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

Release Number: 15-198, TN 14261/14262

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

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SOURCE U.S. Small Business Administration

Related Links

http://www.sba.gov

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