Missouri Private Nonprofits Are Eligible for Hurricane Zeta Disaster Assistance
JACKSON, Mississippi (WLBT) – Food kitchens, homeless shelters, museums, libraries, community centers, schools and even colleges in Mississippi are now eligible for Hurricane Zeta relief.
The US Small Business Administration announced Tuesday that certain Mississippi private nonprofit organizations (PNPs) that do not provide essential government-based services may be eligible to apply for low-interest disaster loans.
These loans are available following a presidential declaration of disaster for Public Assistance resulting from damage caused by Hurricane Zeta on October 28 and 29, 2020.
PNPs located in George, Greene, Hancock, Harrison, Jackson, Perry, Stone and Wayne counties in Mississippi are eligible.
PNP organizations can 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 of up to 30 years. Applicants may be eligible for an increase in the loan amount up to 20 percent of their physical damage, as verified by the SBA, for mitigation purposes.
PNP organizations are encouraged to contact their county 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 the SBA for disaster assistance.
President Trump just approved disaster assistance for victims of Hurricane Zeta on January 1.
Applicants can request declaration # 16836 online using the electronic loan application (ELA).
Disaster loan information and application forms can also be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard of hearing) or by sending an email to [email protected]
Loan applications can also be downloaded here.
Completed applications should be sent to:
U.S. Small Business Administration
Processing and disbursement center
4925 Kingsport Road
Fort Worth, Texas 76155
The deadline for submitting property damage claims is March 1, 2021.
The deadline for submitting claims for economic damage is October 1, 2021.
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