From the Hartford Courant: Applying For SBA Disaster Loans: Here’s What You Need To Know

October 12, 2018

The federal Small Business Administration has agreed to allow homeowners, renters, businesses and non-profits organizations that suffered damage in the May 15 tornados and storms to apply for federal low-interest loans.

What kind of loans are available, and who can apply for them?

Low-interest SBA loans of up to $200,000 will be available to homeowners, businesses and non-profits that suffered real estate storm damage, possibly including removal of debris. Individual homeowners and renters will also be able to apply for up to $40,000 in SBA loans to replace or repair damaged personal property.

Can you apply for the loans online?

Yes. Applications for SBA disaster loans can be filled out and submitted online at www.disasterloan.sba.gov

Is it possible to apply for the loans by mail?

Yes. Application forms can be downloaded and mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas, 76155.

What if I need help applying for the disaster loans?

SBA officials are opening a Disaster Loan Outreach Center at the Southbury Training School, 1461 S. Britain Road in Southbury, to help people fill out and submit applications for disaster loans.

When will the loan assistance center be open?

The SBA Disaster Loan Outreach Center will be open at the following times between Thursday and Oct. 18.

Thursday, 11 a.m. to 6 p.m.

Friday, 9 a.m. to 6 p.m.

Saturday, 10 a.m. to 2 p.m.

Sunday, closed.

Monday, 9 a.m. to 6 p.m.

Tuesday, 9 a.m. to 6 p.m.

Wednesday, 9 a.m. to 6 p.m.

Thursday, Oct. 18, 9 a.m. to 4 p.m.

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