SBA Disaster Loans Available
As a result of President Bush's major disaster declaration on 3/16/2006, the SBA is accepting applications for disaster loans at the following address:
U.S. Small Business Administration
National Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX 76155
The incident period is designated as 3/11/2006-3/13/2006.
The application deadline is 5/15/2006 for Physical Damage loans.
The application deadline is 12/15/2006 for Economic Injury loans.
The following areas have been determined to be adversely affected by the disaster:
Primary Counties (Physical Damage and Economic Injury Loan)
- CHRISTIAN
- HICKORY
- JOHNSON
MONROE
- PERRY
- PETTIS
RANDOLPH
- SALINE
- STE. GENEVIEVE
The following areas are contiguous counties and are eligible for Economic Injury Loans only:
- AUDRAIN
- BENTON
- BOLLINGER
- BOONE
- CAMDEN
- CAPE GIRARDEAU
- CARROLL
- CASS
- CHARITON
- COOPER
- DALLAS
- DOUGLAS
- GREENE
- HENRY
- HOWARD
- JACKSON
- JEFFERSON
- LAFAYETTE
- LAWRENCE
- MACON
- MADISON
- MARION
- MORGAN
- POLK
- RALLS
- SHELBY
- ST. CLAIR
- ST. FRANCOIS
- STONE
- TANEY
- WEBSTER
The interest rates are:
Homeowners with credit available elsewhere 5.750%
Homeowners without credit available elsewhere 2.875%
Businesses with credit available elsewhere 7.408%
Businesses and small agricultural cooperatives without credit available elsewhere 4%
Other (including non-profit organizations) with credit available elsewhere 5%
Businesses and non-profit organizations without credit available elsewhere 4%
The University Center for Innovation and Entrepreneurship is available to help. Contact us at 573/882-7096. We have an SBA representative in the center who can assist you with these applications. You may call Jay Edwards direct at 573/808-1060.
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