Hickory, – August 9, 2013 – (RealEstateRama) — Residents and businesses affected by flooding on July 27 can now apply for low-interest disaster loans from the U.S. Small Business Administration. These loans are available in Catawba County and the adjacent county of Lincoln.
“We need to make sure our homeowners, renters, and small businesses have the assistance they need in a time of crisis such as this,” said Congressman Patrick McHenry (NC-10).
For homeowners, loans up to $200,000 are available to repair damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair damaged or destroyed personal property. Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery, equipment, inventory, and other business assets.
SBA’s customer service representatives will be on hand at the Disaster Loan Outreach Center, in Catawba County, to answer questions about the disaster loan program, explain the process, and help individuals complete their applications.
The Catawba County Center’s location and hours of operation:
Catawba County Agriculture Resources Center
1175 South Brady Avenue
Newton, NC 28658-0389
Thursday August 8: noon to 6 PM
Friday August 9: 9 AM to 6 PM
Saturday August 10: 10 AM to 2 PM
Sunday August 11: CLOSED
Monday August 12: 9 AM to 6 PM
Tuesday August 13: 9 AM to 6 PM
Wednesday August 14: 9 AM to 6 PM
Thursday August 15: 9 AM to 6 PM
Information on additional loans for small businesses and private non-profit organizations, as well as further information on interest rates and loan terms are available by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for people with hearing disabilities) or by emailing disastercustomerservice (at) sba (dot) gov. Loan applications can also be downloaded at www.sba.gov/disaster. Completed applications should be returned to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Online applications for disaster loans are also available through SBA’s secure website here.
Additional information on local assistance for Catawba County can be found here.
The filing deadline to return applications for physical property damage is October 7, 2013. The deadline to return economic injury applications is May 6, 2014.
Contact: Parker Poling 202-225-2576