ATLANTA – The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations of the deadline to submit disaster loan applications for damages caused by Hurricane Irene and Tropical Storm Lee. The deadline to file an SBA disaster loan application for physical damage is Dec. 14, 2011.
Anyone with insured losses should not wait for an insurance settlement before applying to the SBA. “If someone does not know how much of their loss will be covered by insurance or other sources, the SBA will consider making a loan for the total loss up to its loan limits, provided they agree to use insurance proceeds to reduce or repay their SBA loan,” said Frank Skaggs, director of SBA Field Operations Center East.
For additional information, call the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or send an email to firstname.lastname@example.org. Loan application forms can be downloaded from www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Those affected by the disasters may also apply for disaster loans electronically from SBA’s website at https://disasterloan.sba.gov/ela/.
The deadlines for Hurricane Irene and Tropical Storm Lee to return applications for physical property damage is December 14, 2011 and to return economic injury applications is June 12, 2012.
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For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov.