SBA economic injury disaster loan deadline for Vermont May 2

first_imgThe US Small Business Administration reminds small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes in six Vermont counties of the May 2 deadline to apply for economic injury disaster loan assistance. The loans are available due to frost and freeze that occurred from May 9 through May 13, 2010.Under this declaration, SBA Economic Injury Disaster Loans are available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. These loans can be up to $2 million with terms not exceeding 30 years. Interest rates are 4 percent for businesses and 3 percent for non-profit organizations. Farmers, ranchers and agricultural producers are not eligible to apply to SBA.The disaster loans are available in Addison, Chittenden, Orange, Rutland, Washington and Windsor counties in Vermont.To obtain disaster loan information and application forms call the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for people with speech or hearing disabilities) Monday through Friday from 8 a.m. to 6 p.m. ET or send an e-mail to [email protected](link sends e-mail). Loan applications can be downloaded from the SBA’s website at www.sba.gov(link is external). Mail completed applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.Those affected by the disaster may apply for disaster loans from SBA’s secure website at https://disasterloan.sba.gov/ela/(link is external).Completed loan applications should be returned to SBA no later than May 2, 2011.For more information about the SBA’s Disaster Loan Programs, visit our website at www.sba.gov(link is external).last_img

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