SBA disaster loan deadline in Mississippi is Aug. 11 - WLOX.com - The News for South Mississippi

SBA disaster loan deadline in Mississippi is Aug. 11

JACKSON, Miss. (AP) - The U.S. Small Business Administration is reminding businesses, private nonprofit groups, homeowners and renters in Mississippi of the deadline to submit disaster loan applications for damages caused by tornadoes, wind, rain, lightning and flooding on April 30.

The application deadline is Aug. 11.

Low-interest loans are available in Holmes and Montgomery counties and the adjacent counties of: Attala, Carroll, Choctaw, Grenada, Humphreys, Leflore, Madison, Webster and Yazoo.

Businesses and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. 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.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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