Interest rates are as low as 3 percent with terms up to 30 years. The SBA sets the loan amounts and terms based on each applicant's financial condition.
PNP organizations are urged to contact their county emergency manager to obtain information regarding how to submit a request for possible public assistance to FEMA.
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 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 e-mail to firstname.lastname@example.org. Applications can also 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 January 4, 2013. The deadline to return economic injury applications is August 5, 2013. For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov. Release Number: 13-075, NJ 13380/13381 Contact: Michael Lampton Phone: 404-331-0333 SOURCE U.S. Small Business Administration