Seems odd to announce amid an approaching hurricane, but the U.S. Small Business Administration has aid available to Fairfield and Litcfhield county businesses and nonprofits scorched in last summer’s drought.
SBA said Monday its aid is tied to the federal Agriculture Department’s declaration of both counties and several continguous New York counties as disaster areas due to the drought and excessive heat that began June 1.
Loans of up to $2 million at 3 percent to 4 percent for up to 30 years are available to qualified commercial and nonprofit applicants to cover such things as debts, payroll, accounts payable, and other bills.
The deadline is June 24, 2013.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an e-mail to disastercustomerservice@sba.gov. Loan applications can be downloaded from the SBA’s website at www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
