INDIANA – Indiana businesses and residents in Orange, Crawford, Dubois, Lawrence, Martin, and Washington counties affected by the severe storms and tornado on Aug. 7, 2023, can apply for low-interest disaster loans from the U.S. Small Business Administration.
Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
Disaster loans up to $500,000 are available to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property.
Application filing deadlines
Physical Damage: Oct. 30, 2023
Economic Injury: May 30, 2024
Disaster Loan Outreach Center
SBA will open a Disaster Loan Outreach Center (DLOC) at 11 a.m. on Friday, Sept. 1, 2023, at the Orange County Community Center. SBA customer service representatives at the center will assist business owners and residents in filling out a disaster loan application, accept documents for existing applications, and provide updates on an application’s status. The center will operate as indicated below until further notice:
Orange County Community Center
1075 Sandy Hook Road, Suite 2
Paoli, IN 47454
Monday-Friday: 9 a.m. – 6 p.m.
Saturday: 10 a.m. – 2 p.m.
Sunday: Closed
Temporary Closure: Monday, Sept. 4 (Labor Day Observance)
The center will permanently close on Friday, Sept.15, at 6 p.m.
