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Disaster Press Releases

12-892 Over $1 Million in SBA Disaster Loans Approved in Mississippi

ATLANTA – The U. S. Small Business Administration has approved more than $1 million in Disaster Assistance Loans for residents and businesses in Mississippi affected by Hurricane Isaac.  

“Currently, 48 disaster loans have been approved in the amount of $1,391,800 for affected survivors,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.  “We are pleased to get these loans approved so residents in the disaster area can start to rebuild and resume their normal lives. I encourage anyone who has not completed their disaster loan application to do so and return it as quickly as possible.”

The disaster declaration covers the counties of Adams, Amite, Clarke, Forrest, George, Hancock, Harrison, Hinds, Jackson, Lincoln, Marion, Pearl River, Pike, Stone, Walthall, Warren and Wilkinson in Mississippi, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA.  Small businesses and most private non-profit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans:  Claiborne, Copiah, Covington, Franklin, Greene, Issaquena, Jasper, Jefferson, Jefferson Davis, Jones, Lamar, Lauderdale, Lawrence, Madison, Newton, Perry, Rankin, Simpson, Wayne and Yazoo in Mississippi; Choctaw and Mobile in Alabama; and the contiguous parishes of Concordia, East Carroll, East Feliciana, Madison, Saint Helena, Saint Tammany, Tangipahoa, Tensas, Washington and West Feliciana in Louisiana.

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

To be considered for all forms of disaster assistance, applicants should register online at www.DisasterAssistance.gov or by mobile devise at m.fema.gov. If online or mobile access is unavailable, applicants should call the FEMA toll-free Helpline at 800-621-3362.  Those who use the 711-Relay or Video Relay Services should call 800-621-3362. Additional details on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov.  Loan applications 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

The filing deadline to return applications for physical property damage is October 31, 2012. The deadline to return economic injury applications is May 30, 2013.

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

Release Number: 
12-892
Release Date: 
Friday, September 21, 2012
Contact: 
Michael Lampton
Related State: 
Mississippi
Alabama
Louisiana
Field Operations Center: 
East