Ways to apply for SBA help

SBA offers low-interest disaster loans to businesses of all sizes, most private nonprofit organizations, homeowners and renters.
Businesses may borrow up to $2 million for any combination of property damage or economic injury.
SBA offers low-interest working capital loans (called Economic Injury Disaster Loans) to small businesses, small businesses engaged in aquaculture and most private nonprofit organizations of all sizes having difficulty meeting obligations as a result of the disaster.
If you are a homeowner or renter, FEMA may refer you to SBA. SBA disaster loans are the primary source of money to pay for repair or replacement costs not fully covered by insurance or other compensation.
Homeowners may borrow up to $200,000 to repair or replace their primary residence.
Homeowners and renters may borrow up to $40,000 to replace personal property.
What you need to do
Begin by registering with FEMA, if you haven’t already done so, call 800-621-3362.
Homeowners and renters should submit their SBA disaster loan application, even if they are not sure if they will need or want a loan. If SBA cannot approve your application, in most cases they refer you to FEMA’s Other Needs Assistance (ONA) program for possible additional assistance.
After you register with FEMA
Apply online using the Electronic Loan Application (ELA) via SBA’s secure website at: disasterloan.sba.gov/ela.
Apply in person at any Disaster Recovery Center (Word Ministries, 1960 West Laurel, Eunice) and receive personal, one-on-one help from an SBA representative. For additional information or to find a location near you visit our website at: www.sba.gov/disaster or call SBA at 800-659-2955. Individuals who are deaf or hard-of-hearing may call 800-877-8339.
Apply by mail: complete a paper application and mail it to SBA at:
14925 Kingsport Rd., Ft. Worth, TX 76155-2243.
Presidential 06/2015
U. S. Small Business Administration

PLEASE LOG IN FOR PREMIUM CONTENT

Our website requires visitors to log in to view the best local news from Eunice, LA. Not yet a subscriber? Subscribe today!

Twitter icon
Facebook icon

Follow Us

Subscriber Links