WASHINGTON, Feb. 14, 2013 /PRNewswire-USNewswire/ -- U.S. Small Business Administration Administrator Karen G. Mills issued the following statement after the announcement of the Presidential disaster declaration due to severe storms, tornadoes and flooding beginning Feb. 10, 2013 in Southern Mississippi: (Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO) "The U.S. Small Business Administration is strongly committed to providing the people of Mississippi with the most effective and customer-focused response possible to assist homeowners, renters, and businesses with federal disaster loans. Getting businesses and communities up and running after a disaster is our highest priority at SBA." The disaster declaration covers Forrest and Lamar counties 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: Covington, Jefferson Davis, Jones, Marion, Pearl River, Perry and Stone in Mississippi. Disaster loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate. Homeowners and renters are eligible up to $40,000 to repair or replace disaster damaged or destroyed personal property. Businesses and private non-profit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.