SBA Closes Disaster Loan Outreach Centers in Indiana on Thursday, May 28

ATLANTA--(Business Wire)--
The U.S. Small Business Administration reminds disaster victims today that
Thursday is the last day to get one-on-one assistance at the Rochester Fire
Department and LaPorte Parks/Recreation Department Centers. These two Disaster
Loan Outreach Centers (DLOCs) will cease operation Thursday, May 28 at the close
of business. The Winamac Municipal Utility Complex Center in Pulaski County and
White County Emergency Management Agency Center will remain open until further
notice.

"Assisting individuals and business owners to recover from a disaster is our
primary mission," said Frank Skaggs, director of SBA Field Operations Center
East. "We are encouraging anyone affected by this disaster to visit a center
while we still have staff here and obtain individual assistance with completing
their loan applications from our representatives."

Many residents and businesses that have registered with FEMA for assistance have
received an SBA disaster loan application. Completing the loan application and
returning it is a crucial step toward disaster recovery. Homeowners and renters
unable to obtain a disaster loan from the SBA may be referred to FEMA for grant
consideration. To be eligible for these grants, applicants must submit their SBA
loan application even if they do not want a loan. No one is required to accept a
loan.

The locations of the Centers are as follows:

SBA Disaster Loan Outreach Centers (DLOCs)
Fulton County LaPorte County
Rochester Fire Department LaPorte Parks/Recreation Department
2006 East State Route 14 250 Pine Lake Avenue
Rochester, IN 46975 LaPorte, IN 46350
Open: Wednesday - Thursday; 9 a.m. to 6 p.m. Open: Wednesday - Thursday; 9 a.m. to 6 p.m.
Closing: Thursday, May 28 at the close of Closing: Thursday, May 28 at the close of

business
business

Pulaski County White County
Winamac Municipal Utility Complex White County Emergency Management Agency
623 West 11th Street 315 North Illinois Street
Winamac, IN 46996 Monticello, IN 47960
Open: Monday - Friday; 9 a.m. to 6 p.m. Open: Monday - Friday; 9 a.m. to 6 p.m.
Saturday; 9 a.m. to 1 p.m. Saturday; 9 a.m. to 1 p.m.

"Loans up to $200,000 are available to homeowners to repair or replace damaged
or destroyed real estate. Homeowners and renters are eligible for up to $40,000
to repair or replace damaged or destroyed personal property," Frank Skaggs
added.

Businesses of any size and non-profit organizations may borrow up to $2 million
to repair or replace damaged or destroyed real estate, inventory, machinery and
equipment. The SBA can also lend additional funds to help with the cost of
making improvements that protect, prevent or minimize the same type of disaster
damage from occurring in the future.

For small businesses and private non-profit organizations of all sizes, the SBA
offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs
caused by the disaster. EIDL assistance is available regardless of whether the
business suffered any property damage.

Interest rates are as low as 2.187 percent for homeowners and renters, and 4.000
percent for businesses with terms up to 30 years. Loan amounts and terms are set
by the SBA and are based on each applicant`s financial condition.

Anyone unable to visit one of the Centers may obtain information and loan
applications by calling the SBA`s Customer Service Center at 1-800-659-2955 (or
1-800-877-8339 for the hearing impaired) Monday through Friday from 8 a.m. to 9
p.m., EDT, or by sending an email to disastercustomerservice@sba.gov. Business
loan applications may be downloaded from
www.sba.gov/services/disasterassistance. Applications may be returned to one of
the Disaster Loan Outreach Centers or mailed to: U.S. Small Business
Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort
Worth, Texas, 76155.

Those affected by the disaster may apply for disaster loans from SBA`s secure
website at https://disasterloan.sba.gov/ela/.

The filing deadline to return applications for physical property damage is June
22, 2009. The deadline to return economic injury applications is January 22,
2010.

For more information about the SBA`s Disaster Loan Programs, visit our website
at www.sba.gov/services/disasterassistance.

Release Number: 09-450, IN 11720/11721

U.S. Small Business Administration
Michael Lampton, 404-331-0333

Copyright Business Wire 2009