SACRAMENTO, Calif. – Small, nonfarm businesses in 17 Utah counties and neighboring counties in Arizona and Nevada are now eligible to apply for low-interest federal disaster loans from the U. S. Small Business Administration (SBA). “These loans offset economic losses because of reduced revenues caused by adverse weather conditions that occurred in the following primary Utah counties,” announced Alfred E. Judd, Director of SBA’s Disaster Field Operations Center West.
EIDL # 13361
Primary County Beaver
Neighboring Counties UT – Garfield, Iron, Millard, Piute and Sevier; and NV - Lincoln
Incident Type Insect damage and fires
Incident Date Beginning 04/13/2012
EIDL # 13362
Primary Counties Carbon and Millard
Neighboring Counties UT – Beaver, Duchesne, Emery, Juab, Sanpete, Sevier, Uintah and Utah; and NV – Lincoln and White Pine
Incident Type Fires
Incident Date 06/22/2012 through 07/29/2012
EIDL # 13363
Primary Counties Garfield and Kane
Neighboring Counties UT – Beaver, Iron, Piute, San Juan, Washington and Wayne; and AZ – Coconino and Mohave
Incident Type Frost and high winds
Incident Date Beginning 01/01/2012
EIDL # 13364
Primary County Washington
Neighboring Counties UT - Iron and Kane; AZ – Mohave; and NV - Lincoln
Incident Type Flash flooding
Incident Date 09/11/2012
“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Judd said.
Small, nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private, nonprofit organizations of any size may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4% for businesses and 3% for private, nonprofit organizations, a maximum term of 30 years, and are available to small businesses and most private, nonprofits without the financial ability to offset the adverse impact without hardship,” Judd said.
By law, SBA makes EIDLs available when the U. S. Secretary of Agriculture designates an agricultural disaster. Secretary Tom Vilsack declared these disasters at the request of Governor Gary R. Herbert.
Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency (FSA) about the U. S. Department of Agriculture (USDA) assistance made available by the Secretary’s declaration.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure Web site at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling SBA toll-free at (800) 659-2955, emailing email@example.com, or visiting SBA’s Web site at www.sba.gov/services/disasterassistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841