ATLANTA – The U.S. Small Business Administration announced today that Economic Injury
Disaster Loans are available to small businesses, small agricultural cooperatives, small
businesses engaged in aquaculture and private nonprofit organizations located in Adams and Jay
counties in Indiana as a result of excessive rain and flooding from Jan. 1 through Aug. 13, 2019.
“These counties are eligible because they are contiguous to one or more primary counties in
Ohio. The Small Business Administration recognizes that disasters do not usually stop at county
or state lines. For that reason, counties adjacent to primary counties named in the declaration are
included,” said Kem Fleming, director of SBA’s Field Operations Center East.
Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible
farm-related and nonfarm-related entities that suffered financial losses as a direct result of this
disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to
agricultural producers, farmers and ranchers.
The loan amount can be up to $2 million with interest rates of 3.74 percent for small businesses
and 2.75 percent for private nonprofit organizations, with terms up to 30 years. The SBA
determines eligibility based on the size of the applicant, type of activity and its financial resources.
Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.
These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other
bills that could have been paid had the disaster not occurred. The loans are not intended to
replace lost sales or profits.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure
website at Disasterloan.sba.gov.
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 by
sending an email to firstname.lastname@example.org. Loan applications can be downloaded
from Disasterloan.sba.gov. Completed applications should be mailed to: U.S. Small Business
Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX
Submit completed loan applications to SBA no later than May 6, 2020.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a
reality. As the only go-to resource and voice for small businesses backed by the strength of the
federal government, the SBA empowers entrepreneurs and small business owners with the
resources and support they need to start, grow or expand their businesses, or recover from a
declared disaster. It delivers services through an extensive network of SBA field offices and
partnerships with public and private organizations. To learn more, visit www.sba.gov.