Deadline For SBA Economic Injury Disaster Loans In Massachusetts Is July 22
ATLANTA, June 27, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding businesses in Massachusetts that working capital loans are still available to small businesses, small agricultural cooperatives; small businesses engaged in aquaculture and most private non-profits affected by the severe storms and flooding that occurred on Sept. 5 .
"Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the July 22 deadline," said Frank Skaggs, director of SBA Field Operations Center East in Atlanta.
Economic Injury Disaster Loans (EIDLs) up to $2 million are available at 3 percent for private non-profit organizations of all sizes and 4 percent for small businesses, with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred. To be considered for this assistance, eligible entities need to apply by the deadline.These EIDLs are available to small businesses and most private non-profit organizations in the following counties of Bristol, Norfolk and Plymouth in Massachusetts ; and Bristol, Newport and Providence in Rhode Island. Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela. To obtain disaster loan information and application forms, 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 email@example.com. Loan application forms 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 deadline for economic injury applications is July 22, 2013 . For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov . Release Number: 13-604, MA 13349 Contact: Michael Lampton Email: Michael.Lampton@sba.gov Phone: (404) 331-0333 SOURCE U.S. Small Business Administration
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV