[Sc-aquaponics] Fw: SBA press release - SBA Working Capital Disaster Loan Deadline Approaching for Small Businesses in Ohio Affected by 2021 Excessive Rainfall

Tue Sep 13 09:24:05 EDT 2022

Reminder below/attached for those in these Ohio counties.

Matt

[The Ohio State University]
Matthew A. Smith
Program Director, Aquaculture Extension

Madison County Extension Office
College of Food, Agricultural, and Environmental Sciences
217 Elm Street, London, Ohio 43140
740.852.0975 ext 17 Office
smith.11460 at osu.edu
________________________________
From: Garrett, Julie H. <Julie.Garrett at sba.gov>
Sent: Friday, September 9, 2022 11:38 AM
To:
Subject: SBA press release - SBA Working Capital Disaster Loan Deadline Approaching for Small Businesses in Ohio Affected by 2021 Excessive Rainfall

Greetings, The attached SBA press release was issued to the Ohio media this morning. The U. S. Small Business Administration (SBA) is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most
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Greetings,

The attached SBA press release was issued to the Ohio media this morning.

The U.S. Small Business Administration (SBA)<https://urldefense.com/v3/__http://www.sba.gov/disaster__;!!KGKeukY!30l_-geTk3sDhtpZCHaMj-_IekRXbJ4r42RSOzQlXeZsuOU5m60Jaslh4131oreeO7CFk8tC3VrIuCs-avrgVecOXb9tqw$> is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations that Oct. 11 is the filing deadline in Ohio for federal economic injury disaster loans due to excessive rainfall from Oct. 1-31, 2021.

The declaration includes Defiance, Fulton, Hancock, Henry, Lucas, Putnam, Williams and Wood counties in Ohio.

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL)<https://urldefense.com/v3/__https://www.sba.gov/funding-programs/disaster-assistance/economic-injury-disaster-loans__;!!KGKeukY!30l_-geTk3sDhtpZCHaMj-_IekRXbJ4r42RSOzQlXeZsuOU5m60Jaslh4131oreeO7CFk8tC3VrIuCs-avrgVedgh2kXTw$> program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers.

The loan amount can be up to $2 million with interest rates of 2.855 percent for small businesses and 2 percent for private nonprofit organizations, with terms up to 30 years.

Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s/ <https://urldefense.com/v3/__https://disasterloanassistance.sba.gov/ela/s/__;!!KGKeukY!30l_-geTk3sDhtpZCHaMj-_IekRXbJ4r42RSOzQlXeZsuOU5m60Jaslh4131oreeO7CFk8tC3VrIuCs-avrgVefKK03p8A$> and should apply under SBA declaration # 17358.

Please call if you have any questions.

All the best,

Julie Garrett
Public Affairs Specialist
Field Operations Center - East
U.S. Small Business Administration
(404) 331-0333
Cell (404) 895-7345
julie.garrett at sba.gov<mailto:julie.garrett at sba.gov>

[SBA-Hor-2]

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FOCE_COM_OH17358_22-425_State-and-Fed-Stakeholders-Email_2022_09_09
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