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Residents, businesses, encouraged to apply for disaster loans

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Residents, businesses, encouraged to apply for disaster loans
Cloquet Minnesota 122 Avenue C 55720

ATLANTA - The U.S. Small Business Administration announced Thursday the opening of another Disaster Loan Outreach Center at the Fond du Lac Tribal Center in Cloquet, Minnesota on Friday, Aug. 24.

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Individuals and businesses with uninsured losses and damages caused by the severe storms and flooding that occurred on June 14-21, 2012, should take advantage of SBA's disaster assistance program and apply. Customer Service Representatives at the Center are available to provide one-on-one assistance and can help with the application process.

The location of the Center and hours of operation are:

Fond du Lac Band of Lake Superior Chippewa

Fond du Lac Tribal Center

Cloquet Community Center Classroom

1720 Big Lake Road

Cloquet, Minnesota 55720

Opens: Friday, Aug. 24 at 9:00 a.m.

Hours: Friday, Aug. 24 from 9:00 a.m. - 5:30 p.m.

Saturday, Aug. 25 from 10:00 a.m. - 2:00 p.m.

Closes: Saturday, Aug. 25 at 2:00 p.m.

Disaster Loan Outreach Centers remain open in Duluth and Barnum from 9 a.m. to 5:30 p.m. weekdays and 10 a.m. to 2 p.m. Saturday. The locations are:

Tuesday, Aug. 21 - Wednesday, Aug. 29 (closed Sunday)

Duluth Entertainment and Convention Center (DECC)

350 Harbor Drive

Duluth, Minnesota 55802

Tuesday, Aug. 21 - Friday, Aug. 24 and Monday Aug. 27 - Wednesday, Aug. 29

Barnum Community Center

3753 Front Street

Barnum, Minnesota 55707

Saturday, Aug. 25

Barnum High School

3675 County Road 140

Barnum, Minnesota 55707

Representative from various state agencies are also available at the centers to provide information programs to help those affected by the disaster.

Homeowners, renters and businesses in Carlton, Pine and St. Louis counties and Fond du Lac Band of Lake Superior Chippewa and the adjacent counties of Aitkin, Chisago, Isanti, Itasca, Kanabec, Koochiching and Lake in Minnesota; and Burnett and Douglas in Wisconsin are eligible to apply.

Interest rates are as low as 1.938 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant's financial condition.

Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

Anyone unable to visit a Center may obtain information, loan applications and Center locations by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to disastercustomerservice@sba.gov. Loan applications can also be downloaded from the SBA's website at www.sba.gov. Completed applications should be returned to a Center or mailed to:

U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road,

Fort Worth, TX 76155.

The filing deadline to return applications for physical property damage is October 15, 2012. The deadline to return economic injury applications is May 16, 2013.

For more information about the SBA's Disaster Loan Program, visit the website at www.sba.gov.

Additional information provided by the Minnesota Department of Public Safety Division of Homeland Security and Emergency Management:

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