| Washington, D.C. – Congressman Pete Visclosky today announced that homeowners and small businesses affected by the severe storms and flooding that occurred in Northwest Indiana from September 12th – 14th will be able to apply for disaster assistance from the Small Business Administration (SBA). There are two kinds of disaster assistance loans covering damage to physical property as well as economic injury to the business. Each loan program has a limit of up to $1.5 million.
“These disaster assistance loans can help Northwest Indiana residents recover from the storms that caused severe damage throughout the area,” said Visclosky. “It is my hope that homeowners and businesses affected by the storms will utilize this program to aid in their recovery.”
Business owners who wish to apply for one of the loan programs may contact the Small Business Administration at the following address, or contact the Office of Congressman Pete Visclosky at 219-795-1844:
A. Escobar
Office of Disaster Assistance
U.S. Small Business Administration
409 3rd Street SW, Suite 6050
Washington, DC 20416
The deadline for the Physical Loan Application is December 5, 2006. The deadline for the Economic Injury (EIDL) Loan is July 6, 2007. Each program has a range of loans available, depending on access to credit, insurance coverage and type of assistance requested. |
