INDIANA — Residents and businesses across Monroe, Vigo, and neighboring counties in Indiana may now apply for low-interest disaster loans from the U.S. Small Business Administration following severe storms that hit the area on June 25, the SBA announced on Monday.
The SBA collaborates with the Indiana Department of Homeland Security to establish Disaster Loan Outreach Centers in Monroe and Vigo counties. These centers aim to help those affected file claims and obtain information about assistance for storm-related damages.
The SBA said the services are exclusively for those impacted by the June 25 storms.
Monroe County:
- Disaster Loan Outreach Center
- Dates: July 22 – Aug. 5.
- Location: Frank Southern Ice Arena, 2100 S. Henderson St., Bloomington, IN 47401.
- Hours: Monday to Friday, 9 a.m. to 6 p.m.; Saturday, 10 a.m. to 2 p.m.
Vigo County:
- Disaster Loan Outreach Center
- Dates: July 22 – Aug. 5.
- Location: Ivy Tech Campus, 8000 Education Drive, Terre Haute, IN 47802.
- Hours: Monday through Thursday, 9 a.m. to 6 p.m.; Friday, 9 a.m. to 4:30 p.m.; Saturday, 9 a.m. to 1 p.m.
Both locations will open at noon on Monday.
The assistance is available not only to residents of Monroe and Vigo counties but also to those in Brown, Clay, Greene, Jackson, Lawrence, Morgan, Owen, Parke, Sullivan, and Vermillion counties in Indiana and Edgar and Clark counties in Illinois.
SBA customer service representatives will be on hand to guide the loan application process and eligibility criteria.
Applications for property damage must be submitted by Sept. 16, while applications for economic injury loans must be submitted by April 17.
Small businesses, agricultural cooperatives, and certain nonprofit organizations in the affected counties may qualify for SBA Economic Injury Disaster Loans if they have suffered significant financial setbacks due to the storm.
For more detailed information about the SBA disaster loan program, please visit http://www.sba.gov.
