MIAMI, July 10 /PRNewswire/ -- The U.S. Small Business Administration
(SBA) is reminding businesses in the declared counties of Brevard, Broward,
Collier, Glades, Hendry, Indian River, Lee, Martin, Miami-Dade, Monroe,
Okeechobee, Palm Beach and St. Lucie and contiguous counties of Charlotte,
Desoto, Highlands, Orange, Osceola, Polk, Seminole and Volusia in the State
of Florida that Economic Injury Disaster Loans (EIDLs) are still available
to small businesses that were economically impacted by Hurricane Wilma that
occurred on October 23 through November 18, 2005.
"Small businesses that suffered economic injury losses as a result of
the disaster wanting to apply for a low-interest loan from the SBA are
urged to do so before the July 24 deadline," said Frank Skaggs, Director of
SBA Field Operations Center East.
Small businesses may apply for loans up to $l.5 million if they
suffered substantial economic injury from the disaster. These working
capital loans may be used to pay fixed debts, payroll, accounts payable,
and other bills that could have been paid had the disaster not occurred.
These loans are not intended to replace lost sales or profits.
The interest rate on these loans is 4.000 percent, with a maximum term
of 30 years. The SBA determines the amount of economic injury, the terms of
each loan and the payment amount, based on the financial circumstances of
each borrower.
To obtain a loan application, interested business owners should contact
SBA's National Customer Service Center by calling 800-659-2955
(1-800-877-8339 for the hearing-impaired), Monday through Saturday from
8:00 a.m. until 9:00 p.m. EDT. Business disaster loan applications can also
be downloaded from the SBA's website at http://www.sba.gov/disaster.
Completed applications should be mailed to: U.S. Small Business
Administration, National Processing and Disbursement Center, 14925
Kingsport Road, Fort Worth, TX 76155.
The filing deadline for economic injury loan applications is July 24,
2006.
For more information about the SBA's Disaster Loan Programs, visit our
website at http://www.sba.gov/disaster
SOURCE U.S. Small Business Administration
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Related links:
http://www.sba.gov/
CONTACT:
Michael Lampton of U.S. Small Business
Administration, +1-404-347-3771
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