SBA Disaster Loan Applications Essential To Aid
Release Date: August 13, 2007
Release Number: 1711-035
» More Information on Kansas Severe Storms and Flooding
WICHITA, Kan. -- Many Kansans who registered with the Federal Emergency Management Agency (FEMA) for disaster assistance following the severe storms and flooding from June 26 to July 25 will receive a packet of information that may include a disaster loan application from the U.S. Small Business Administration (SBA).
Individuals should complete these loan applications even if they do not want a loan. Applicants who do not return their SBA applications will not be considered for other FEMA assistance. Information provided in the SBA loan application helps to determine the type of assistance an applicant is eligible to receive. Returning a completed SBA application quickly is vital to providing assistance in a timely manner. Applicants who do not qualify for an SBA loan may be eligible to receive other assistance.
"Kansans should register with FEMA and return the SBA application so that we can determine and provide all of the disaster assistance eligible applicants are entitled to," said FEMA's Michael L. Karl, federal coordinating officer for the Kansas disaster.
Individuals who have registered with FEMA can check the status of their applications and get answers to questions by visiting a Disaster Recovery Center or by calling 1-800-621-3362 (FEMA) or TTY 1-800-462-7585 for those with special speech or hearing needs. Registration can also be completed online at www.fema.gov.
The 23 Kansas counties eligible for Individual Assistance are: Allen, Anderson, Bourbon, Butler, Chautauqua, Cherokee, Coffey, Cowley, Crawford, Edwards, Elk, Franklin, Greenwood, Harper, Labette, Linn, Miami, Montgomery, Neosho, Osage, Pawnee, Wilson, and Woodson. The deadline to apply for FEMA disaster assistance is Sept. 4. The deadline to return an SBA application is also Sept. 4.
The U.S. Small Business Administration (SBA) offers low interest disaster loans to homeowners, renters, businesses of all sizes and private nonprofit organizations for losses not fully covered by insurance. These loans are at low interest rates and long terms that make the loans affordable to almost any budget. The SBA can loan up to $200,000 to repair homes and up to $40,000 to replace disaster-damaged personal property. A maximum of $1.5 million is available for businesses.
SBA representatives are at all of the Disaster Recovery Centers (DRC) to meet individually with each resident or business owner to answer any questions about SBA's disaster loan program, help them complete their SBA disaster loan application and accept their completed applications. Anyone not able to go to a DRC should call the SBA Customer Service Center at 1-800-659-2955 for SBA information and assistance or visit the SBA website at www.sba.gov/services/disasterassistance.
FEMA coordinates the federal government's role in preparing for, preventing, mitigating the effects of, responding to, and recovering from all domestic disasters, whether natural or man-made, including acts of terror.
Last Modified: Tuesday, 02-Oct-2007 14:55:12