The Odessa Record -

By Kathie M. Donahue
Quilt Club president 

SBA disaster assistance for nonprofits

 


SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to certain private nonprofit organizations in Washington following President Trump’s federal disaster declaration for public assistance as a result of severe winter storms, flooding, landslides and mudslides that occurred Jan. 30 – Feb. 22, 2017, announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for assistance.

SBA disaster assistance is now available in Adams, Benton, Columbia, Franklin, Grant, Lewis, Lincoln, Pend Oreille, Skamania, Spokane, Wahkiakum, Walla Walla and Whatcom counties.

“Private nonprofit organizations” should contact Gary Urbas with the Washington State Public Assistance program at 253-512-7402 or gary.urbas@mil.wa.gov to obtain information about applicant briefings,” said Tanya N. Garfield director of SBA’s Disaster Field Operations Center-West. “At the briefings, private nonprofit representatives will need to provide information about their organization,” said Garfield. The Federal Emergency Management Agency will use that information to determine if the private nonprofit provides an “essential governmental service” and is a “critical facility” as defined by law. If so, FEMA may provide the private nonprofit with a public assistance grant for their eligible costs. If not, FEMA may refer the private nonprofit to SBA for disaster loan assistance.

SBA may lend private nonprofits up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

For certain private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help with meeting working capital needs caused by the disaster. Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Economic injury assistance is available regardless of whether the nonprofit suffered any property damage.

The interest rate is 2.5 percent with terms up to 30 years. The filing deadline to return applications for property damage is June 20, 2017. The deadline to return economic injury applications is January 22, 2018.

Applicants may apply online using SBA’s secure website at https://disasterloan.sba.gov/ela.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling 800-659-2955 or emailing disastercustomerservice@sba.gov. Individuals who are deaf or hard‑of‑hearing may call 800-877-8339. For more disaster assistance information or to download applications, visit https://www.sba.gov/disaster. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

 

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