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.
Filing an application
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://DisasterLoanAssistance.sba.gov/ela/s/. Applicants should apply under SBA declaration #18116.
Disaster loan information and application forms can be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (if you are deaf, hard of hearing or have a speech disability, please dial 7-1-1 to access telecommunications relay services) or sending an email to DisasterCustomerService@sba.gov. Loan applications can also be downloaded from sba.gov/disaster.
Application filing deadlines
Physical Damage: Oct. 30, 2023
Economic Injury: May 30, 2024
Disaster Loan Outreach Center
An SBA Disaster Loan Outreach Center (DLOC) opens today at 11 a.m. 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.
