SBA disaster loans available to Clark businesses
Published 10:12 am Wednesday, December 19, 2018
Small businesses, non-profit organizations, agricultural cooperatives and small aquaculture businesses affected by heavy rains in August and September can apply for loans to cover their regular operating expenses.
According the the Small Business Administration, businesses can apply for economic injiury disaster loans for up to $2 million for businesses which could not pay for their “ordinary and necessary” bills. The declaration applies to the period of heavy rain and flash flooding between Aug. 30 and Sept. 27. The declaration covers Clark, Bourbon, Powell and Fleming counties as well as the contiguous counties of Bath, Estill, Fayette, Harrison, Lee, Madison, Menifee, Montgomery, Robertson, Scott and Wolfe.
The application deadline is July 23, 2019.
Email newsletter signup
The application process can be completed online at https://diasterloan.sba.gov/ela, as well as additional information about disaster assistance. Applicants can also call the SBA Customer Service Center at 800-659-2955.