Friday, June 10 2022

Lake Charles, LA (KPLC) – In a press release Wednesday, Director Tanya N. Garfield of the US Small Business Administration’s Disaster Field Operations Center-West reminded small businesses in Louisiana of the March 2, 2022 deadline. to apply for an SBA Federal Disaster Loan for economic damage caused by severe storms, tornadoes, and flooding that occurred May 17-21, 2021.

Small non-agricultural businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private non-profit organizations of any size can apply for economic disaster loans of up to $2 million to help meet the working capital needs caused by the disaster, according to Garfield.

“Economic Injury Disaster Loans can be used to pay fixed debts, salaries, accounts payable and other bills that cannot be paid due to the impact of the disaster. Economic injury assistance is available whether or not the plaintiff has suffered property damage,” Garfield said.

According to Garfield, low-interest federal disaster loans are available when:

  • Parish of Acadia
  • Ascension Parish
  • Assumption Parish
  • Parish of Beauregard
  • Parish of Calcasieu
  • Cameron Parish
  • East Baton Rouge Parish
  • East Feliciana Parish
  • Parish of Iberia
  • Iberville Parish
  • Jefferson Davis Parish
  • Lafayette Parish
  • Livingstone Parish
  • Pointe Coupee Parish
  • St. Helena Parish
  • St. James Parish
  • St. Landry Parish
  • St. Martin Parish
  • St. John the Baptist Parish
  • Vermilion and parish
  • West Baton Rouge Parish
  • Newton County
  • Orange County

Applicants can apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/, according to Garfield.

Applicants may also call the SBA Customer Service Center at (800) 659-2955 or email [email protected] for more information about SBA disaster assistance, said Garfield.

People who are deaf or hard of hearing can call (800) 877-8339, according to Garfield.

Garfield said completed applications should be mailed to the U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Copyright 2022 KPLC. All rights reserved.

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