SBA: Private non-profits in Miss. eligible for Hurricane Zeta disaster assistance

SBA: Private non-profits in Miss. eligible for Hurricane Zeta disaster assistance
Food kitchens, homeless shelters, museums, libraries, community centers, schools, and even colleges in Mississippi are now eligible for Hurricane Zeta disaster relief. (Source: WLBT)

JACKSON, Miss. (WLBT) - Food kitchens, homeless shelters, museums, libraries, community centers, schools, and even colleges in Mississippi are now eligible for Hurricane Zeta disaster relief.

The U.S. Small Business Administration announced Tuesday that certain Private Non-Profit organizations (PNP)s in Mississippi that do not provide critical services of a governmental nature may be eligible to apply for low-interest disaster loans.

These loans are available following a Presidential disaster declaration for Public Assistance resulting from damages caused by Hurricane Zeta on Oct. 28 - 29, 2020.

PNPs located in George, Greene, Hancock, Harrison, Jackson, Perry, Stone, and Wayne counties in Mississippi are eligible to apply.

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

The interest rate is 2.75% with terms up to 30 years. Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA, for mitigation purposes.

PNP organizations are urged to contact their county’s Emergency Manager for information about their organization. The information will be submitted to FEMA to determine eligibility for a Public Assistance grant or whether the PNP should be referred to SBA for disaster loan assistance.

President Trump just approved disaster assistance for Hurricane Zeta victims on January 1.

Applicants may apply for declaration #16836 online using the Electronic Loan Application (ELA).

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or sending an email to DisasterCustomerService@sba.gov.

Loan applications can also be downloaded here.

Completed applications should be mailed to:

U.S. Small Business Administration

Processing and Disbursement Center

4925 Kingsport Road

Fort Worth, TX 76155

The filing deadline to submit applications for physical property damage is March 1, 2021.

The deadline to submit economic injury applications is Oct. 1, 2021.

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