ALLEN COUNTY, Ind (WOWO): May 6th is the filing deadline for Economic Injury Disaster Loans for the U.S. Small Business Administration (SBA).
Small businesses and certain non-profit organizations in Adams, Allen, DeKalb, Huntington, Noble, Wells and Whitley counties are eligible for low interest disaster loans because of the severe storms that hit the area on June 29th and July 3rd, 2012.
Up to $2 million dollars is 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 happened.
If you want to be considered for this assistance, you must apply by May 6th, 2013.
You can apply online at https://disasterloan.sba.gov/ela.
