Jul 26 2010

Shelby Reminds Small Business Owners to Apply for Disaster Loan Program

U.S. Senator Richard Shelby (R-Ala.) today announced that small businesses, small agriculture cooperatives, and private non-profit organizations that are located in the Alabama counties of Cherokee, Cleburne, DeKalb, and Randolph and were affected by severe storms and flooding on September 18, 2009 have until August 4, 2010, to apply for Small Business Administration Economic Injury Disaster Loans (EIDL).

Eligible farm-related and nonfarm-related entities that suffered financial losses 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 Georgia named in a Secretary of Agriculture disaster declaration.

“Many people, businesses, and communities in Alabama were affected by the severe storms and flooding that occurred in September of 2009,” said Shelby.  “I encourage eligible small business owners who suffered financial losses as a result of the severe storms and flooding to apply for these loans before the deadline on August 4, 2010.”
         
To apply, small businesses can visit the SBA’s website at http://disasterloan.sba.gov/ela/ 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.