If you recently fell victim to a disaster, be certain to check on the deadlines for disaster loan applications for people from your area.  The terms and the amount of money you can receive are determined by the SBA based on your individual circumstances, but the deadlines for renters, businesses, and non-profits do not vary. When a deadline is set for an area, it applies to all who were affected.

For example, those whose property sustained physical damage from a mid-June fire at the Queen Anne’s Gate Apartments in Massachusetts have until September 2, 2008 to file an application.

The SBA gives loans in amounts up to $200,000 to be used for the repair of primary residences that have sustained damage from a disaster. Businesses and non-profits can get up to $2 million that they can put towards the repair of their damaged real estate, machinery, inventory, and equipment.

If you think you are eligible to receive such a loan, call the SBA Customer Service Center at 1-80-659-2955, between 8 am and 9 pm, Monday-Friday. You can also request information and assistance by sending an e-mail to disastercustomerservice@sba.gov.

Partying for Small Business Grants? »

This entry was posted on Friday, August 8th, 2008 at 1:40 pm and is filed under SBA Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.