Feb 12 2008

Shelby Reminds Small Business Owners to Apply for Disaster Loan Program

U.S. Senator Richard Shelby (R-Ala.) today announced that small business owners in six northwest Alabama counties affected by the unseasonably cold temperatures and freezing conditions in April of 2007 have until March 19, 2008, to apply for Small Business Administration Economic Injury Disaster Loans (EIDL). 

Eligible small businesses in the six counties--Colbert, Franklin, Lamar, Lauderdale, Marion and Pickens-- will be afforded assistance through the EIDL program to help with financial losses resulting from this disaster.  These Alabama counties are eligible because they are contiguous to counties in Mississippi named in a Secretary of Agriculture disaster declaration.

“Many people, businesses and communities in Alabama that were affected by the unseasonable weather conditions in April,” said Shelby.  “I encourage eligible small business owners who suffered financial losses as a result of the cold and freezing temperatures to apply for these loans before the deadline on March 19, 2008.”
          
To apply, small businesses can visit the SBA’s website at www.sba.gov/disaster to download an application, or they may contact the agency’s Customer Service Center at 1-800-659-2955.  Local Small Business Development Centers (SBDC) are available to help small business owners complete their disaster loan applications.  For more information on SBDC locations in Alabama, please call 205-307-6510.