Deadline to apply for economic injury disaster loans in Vermont is April 9

The US Small Business Administration is reminding businesses inVermontthat working capital loans are still available to small businesses, small agricultural cooperatives and most private non-profit organizations that were affected by the severe storms and flooding that occurred fromMay 26 - 27, 2011.
"Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before theApril 9deadline," saidFrank Skaggs, director of SBA Field Operations Center East.
Economic Injury Disaster Loans (EIDLs) up to$2 millionare available at 3 percent for private non-profit organizations of all sizes and 4 percent for small businesses, with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred. To be considered for this assistance, disaster survivors need to apply by the deadline.
These EIDLs are available to small businesses and most non-profit organizations in the following counties:Addison,Caledonia,Chittenden,Essex,Lamoille,Orange,OrleansandWashingtoninVermont; andGraftoninNew Hampshire.
To obtain disaster loan information and application forms, call the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or send an e-mail tomailto:[email protected]. Loan application forms can also be downloaded fromwww.sba.gov. Completed applications should be mailed to: US Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road,Fort Worth, TX 76155.
Those affected by the disaster may also apply for disaster loans electronically from the SBA's website athttps://disasterloan.sba.gov/ela/.
The deadline for economic injury applications isApril 9, 2012.
For more information about the SBA's Disaster Loan Program, visit our website atwww.sba.gov
ATLANTA,March 6, 2012/PRNewswire-USNewswire/ --