Tuesday, March 28, 2023

SBA disaster loans for MS

WASHINGTON – The U.S. Small Business Administration (SBA) is offering low-interest disaster loans to businesses and residents in Mississippi following the President's disaster declaration due to damages from severe storms on March 24-25. The disaster declaration covers Carroll, Humphreys, Monroe, and Sharkey counties in Mississippi, which are eligible for both Physical and Economic Injury Disaster Loans. Small businesses and most private non-profits in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Attala, Chickasaw, Clay, Grenada, Holmes, Issaquena, Itawamba, Lee, Leflore, Lowndes, Montgomery, Sunflower, Washington and Yazoo in Mississippi; and Lamar and Marion in Alabama. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloanassistance.sba.gov/ela/s and should apply under SBA declaration # 17836.

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