Salina Post
Saline County nonprofit and faith-based organizations have been declared eligible to apply for disaster loans for severe weather events.
According to the U.S. Small Business Administration (SBA), eligible Kansas counties with these organizations impacted by severe storms, straight-line winds, tornadoes, and flooding occurring April 26–27 are encouraged to apply for Physical Disaster Loans before the August 31 deadline.
Eligible Kansas counties include:
- Saline
- Cherokee
- Morris
- Osage
- Wabaunsee
Loan Assistance Available:
- Physical Disaster Loans: Repair or replace disaster-damaged property, equipment, inventory, and assets.
- Economic Injury Disaster Loans: Working capital assistance for operational expenses caused by the disaster.
- Mitigation Funding: SBA disaster loans can be increased up to 20% of the verified losses to make building upgrades.
Key Loan Details:
- Up to $2 million in loan funding.
- Interest rates as low as 3.625% for private nonprofit organizations.
- Loan terms of up to 30 years.
- No interest or required payments during the first 12 months following disbursement.
Click here to apply.
Applicants may call the SBA Customer Service Center with questions regarding their application at (800) 659-2955 or email disastercustomerservice@sba.gov.
For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.