The Small Business Administration (SBA) has approved more than $7 million in Disaster Assistance Loans for residents in Florida affected by the severe storms, tornadoes, high winds and flooding that occurred from April 28 through May 6, 2014. Further, SBA’s disaster declaration was amended making low-interest loans available to more impacted individuals and businesses.
Whether you rent or own your home, own a business, or a small agricultural cooperative located in a declared disaster area, and are the victim of a disaster, you may be eligible for financial assistance from the SBA. The deadline to return SBA applications for physical property is July 7, 2014. The deadline to return applications for economic injury is February 6, 2015.
To access the loan fact sheet, visit United Way of Escambia County’s website at www.unitedwayescambia.org. For more information or questions about the SBA’s Disaster Loan Programs, visit SBA’s website at www.sba.gov/disaster.