Mississippi Businesses Have Until July 28 to File for U.S. Assistance

July 7, 2008

The U.S. Small Business Administration says homeowners, renters, businesses and non-profits in Hinds County have one month left to submit disaster loan applications for damage caused by the severe storms and tornadoes of April 4.

The deadline to file is July 28. Applicants can register with
the Federal Emergency Management Agency by calling 1-800-621-3362.
Applications can also be downloaded from
www.sba.gov/services/disasterassistance.

Homeowners and renters are eligible for loans up to $40,000 to replace personal property such as furniture, appliances and clothing. Loans up to $200,000 are available to homeowners to fix or replace damaged or destroyed real estate.

Loans up to $1.5 million are available to businesses and non-profits to repair damage to real estate, machinery, equipment and inventory.

Economic injury disaster loans are also available to small businesses unable to pay bills or meet operating expenses because of the disaster. The deadline for economic injury applications is March 2, 2009.

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Information from: The Clarion-Ledger,
http://www.clarionledger.com

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