The U.S. Small Business Administration (SBA) will make low-interest disaster loans available to residents and business owners in 12 Missouri counties that were affected by severe storms, flooding and flash flooding from Aug. 2-14.
The SBA declaration was for Pulaski and Taney counties, which also makes the low-interest loans available in the contiguous counties of Camden, Christian, Douglas, Laclede, Maries, Miller, Ozark, Phelps, Stone and Texas.
“Twice this spring and summer, Missouri was hit hard by severe storms, flooding and flash flooding.” Gov. Jay Nixon said. “These low interest loans through the SBA can assist families and businesses in affected areas with rebuilding and repair efforts. Tremendous coordination helped in our response efforts, and we are just as committed to working with communities as they rebuild.”
Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Businesses of any size and private, nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
SBA can also lend additional funds to homeowners and businesses to help with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.
SBA representatives will be on hand at Disaster Loan Outreach Centers in Pulaski and Taney counties to issue loan applications, answer questions and explain the application process from Thursday, Oct. 10, through Thursday, Oct. 24. No appointment is necessary.
In Pulaski County, people can go to the old Waynesville Middle School, 403 School St., Suite 214, in Waynesville Mondays through Fridays from 9 a.m. to 6 p.m. except Monday, Oct. 14, when the office will be closed in observance of Columbus Day.
Applicants may also apply online using the electronic loan application on the SBA secure website at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms are also available from SBA's customer service center by calling 1-800-659-2955, emailing email@example.com or visiting SBA's website at www.sba.gova/services/disasterassistance.
Individuals who are deaf or hard-of-hearing may call 1-800-877-8339.
The filing deadline to return applications for property damage is Dec. 9, 2013.
The deadline to return economic injury applications is July 8, 2014.