SBA Loan Application Is Key To Additional FEMA Assistance

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Release date: 
August 23, 2010
Release Number: 
1925-027

LEXINGTON, Ky. -- Kentuckians who received a loan application from the U. S. Small Business Administration (SBA) following the July severe storms are urged to complete the application and return it.  It is a crucial step to receive additional assistance from the Federal Emergency Management Agency.

“The loan application provides necessary information for determining the appropriate assistance for an applicant. If the SBA decides not to offer a loan, the homeowner or renter is then automatically referred to other available disaster assistance,” said Federal Coordinating Officer Terry L. Quarles.

Disaster assistance from FEMA for homeowners and renters initially covers only basic needs not met
by insurance. The grants do not have to be paid back. The low-interest SBA disaster loans, which
have to be repaid, are available to qualified homeowners or renters, businesses and private nonprofit organizations in the six counties designated for Individual Assistance in the Commonwealth.

Homeowners and renters who are turned down for a loan may be eligible for additional FEMA
disaster assistance that covers personal property, vehicle repair or replacement and moving and
storage expenses. 

To help facilitate the SBA loan application process, SBA representatives are at Disaster Loan Outreach Centers in Madison and Carter counties through Thursday, Sept. 2:

Berea City Hall
212 Chestnut St.
Berea, KY 40403
8:30 a.m. to 6 p.m. Monday through Friday,
9 a.m. to 1 p.m. Saturday.

Olive Hill Historical Society
120 Comet Drive
Olive Hill, KY 41164
8 a.m. to 6 p.m. Monday through Friday,
9 a.m. to 1 p.m. Saturday.

Disaster Recovery Centers in Pike County remain open 8 a.m. to 6 p.m. Monday through Saturday until further notice:

Marrowbone (Elkhorn City)
Riverside Apostolic Church
10519 Regina Belcher Highway
Marrowbone, KY 41522

Pikeville
Community Funeral Home
4902 Zebulon Highway
Pikeville, KY 41501

Additional information on SBA loan applications is also available by calling the SBA helpline at
1-800-359-2227 or visiting the SBA online at www.SBA.gov/disaster.

Homeowners and renters who have not registered, or who have questions about their FEMA disaster assistance application, can also receive help at the disaster loan outreach center, or call 800-621-FEMA (3362) or TTY 800-462-7585.  Registration is also available at www.DisasterAssistance.gov.

Additional information, photos and links for this and other open disasters can be found at www.kyem.ky.gov and www.fema.gov.

FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Last Updated: 
July 16, 2012 - 18:46
State/Tribal Government or Region: 
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