In response to recent severe weather and flooding beginning 3 weeks ago, the Indiana Department of Homeland Security (IDHS) will be assisting Hoosiers who have questions or want to apply in-person for disaster loans from the U.S. Small Business Administration (SBA). Those who wish to apply in-person will have the opportunity to do so at one of four Disaster Loan Centers on Saturday, May 18. This will be the only weekend that the center in Grant, Howard, Madison and Tipton counties will be open. All four centers will be open from 8 a.m. until noon on May 18th.
Low-interest disaster loans are available to homeowners, renters, businesses, and non-profit organizations in Blackford, Carroll, Cass, Clinton, Delaware, Grant, Hamilton, Howard, Huntington, Madison, Miami, Tipton, Wabash and Wells counties. Hoosiers in these counties can apply by visiting any one of the four centers or by applying on the SBA website.
Members of the SBA will be on hand to take questions and aid residents, small businesses, and non-profit organizations in the disaster loan process. The Indiana Department of Homeland Security will also have staff at the centers to provide flood victims with information about the Indiana State Disaster Relief Fund. Grants of up to $5,000 may be available for Hoosiers who suffered flood damage, but may not be eligible for a federal loan.
The Disaster Loan Centers will continue to be open Monday (May 20) through Thursday (May 23) next week.
Disaster Center Locations and Hours
Grant County
Marion City Hall
301 South Branson Street
Marion, IN 46952
Monday – Thursday: 9:00 a.m. to 6 p.m.
Saturday: 8:00 a.m. to Noon (Hours for 5/18/13 only)
Howard County
Howard County Alternate EOC
627 South Berkley Road
Kokomo, IN 46901
Monday – Thursday: 9:00 a.m. to 6 p.m.
Saturday: 8:00 a.m. to Noon (Hours for 5/18/13 only)
Tipton County
Tipton County Courthouse
101 East Jefferson
Tipton, IN 46072
Monday – Thursday: 9:00 a.m. to 6 p.m.
Saturday: 8:00 a.m. to Noon (Hours for 5/18/13 only)
Madison County
The Closed Water Company Office
1139 N. Anderson Street
Elwood, IN 46036
Monday – Thursday: 9:00 a.m. to 6 p.m.
Saturday: 8:00 a.m. to Noon (Hours for 5/18/13 only)
SBA Disaster Loans
Hoosiers can apply by visiting one of the SBA Disaster Centers or online at https://disasterloan.sba.gov/ela/.
Business loan applications can also be downloaded from the SBA website at www.sba.gov. Completed applications should be returned to a Disaster Loan Outreach Center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Individuals and businesses can 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 by sending an e-mail to disastercustomerservice@sba.gov.
Those suffering damage to personal or business property must return applications by July 9, 2013. The deadline to return economic injury applications – which includes, for example, payroll, working capital and other business financial commitments – is February 10, 2014.
Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace 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 and equipment, inventory, and other business assets.
Click here to report your flood or storm damage to the IDHS or contact your local emergency management agency.>>>
Visit the IDHS website for more information on how to prepare for severe weather and record damage reports.>>>
