ATLANTA – The U. S. Small Business Administration (SBA) has approved more than $1 million in Disaster Assistance Loans for residents in Indiana affected by severe storms, tornadoes and flooding from June 7 through July 29. The deadline to apply for a physical damage disaster loan is Oct. 19, 2015.

“Currently, 43 disaster loans have been approved in the amount of $1,153,500 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 submitted an SBA disaster loan application to do so as quickly as possible.” 

Low-interest disaster loans are available in the counties of Brown, Huntington, Jay, Jefferson and Morgan and the adjacent counties of Adams, Allen, Bartholomew, Blackford, Clark, Delaware, Grant, Hendricks, Jackson, Jennings, Johnson, Marion, Monroe, Owen, Putnam, Randolph, Ripley, Scott, Switzerland, Wabash, Wells and Whitley in Indiana; Carroll and Trimble in Kentucky; Darke and Mercer in Ohio. 

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