ATLANTA, Aug. 20, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding eligible private non-profit (PNP) organizations in Minnesota of the Sept. 4 deadline to submit disaster loan applications for damages caused by severe storms and flooding that occurred from June 14-21, 2012. Examples of eligible non-critical PNP organizations include, but are not limited to food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.
The SBA offers low interest disaster loans to private non-profit organizations for physical losses up to its loan limits. Approved loans can be increased for protective measures to lessen similar future damages. Additionally, PNPs can obtain loans for unmet working capital needs. To be considered for this assistance, PNPs need to apply by the deadline.
These loans are available to PNPs located in Aitkin, Carlton, Cass, Cook, Crow Wing, Dakota, Goodhue, Itasca, Kandiyohi, Lake, Meeker, Pine, Rice, Saint Louis and Sibley, the Fond Du Lac Band of Lake Superior Chippewa, Grand Portage Band of Lake Superior Chippewa and the
Mille Lacs Band of Ojibwe in Minnesota.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at SBA's 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 email to [email protected]. Applications can also be downloaded from 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.
The filing deadline to return applications for physical property damage is September 4, 2012. The deadline to return economic injury applications is April 8, 2013.
For more information about the SBA Disaster Loan Program, visit our website at www.sba.gov.
Contact: Michael Lampton
Release Number: 12-761, MN 13166/13167
SOURCE U.S. Small Business Administration