SBA`s Deadline for Physical Damage Disaster Loans for Private Non-Profit Organizations is November 25

ATLANTA--(Business Wire)--
TheU.S. Small Business Administration reminds eligible Private Non-Profit
Organizations (PNPs) of the November 25, deadline to submit disaster loan
applications for damages caused by severe storms and flooding that began
September 18.

PNPs located in Carroll, Catoosa, Chattooga, Cherokee, Cobb, Crawford, Dawson,
DeKalb, Dooly, Douglas, Fulton, Gwinnett, Heard, Houston, Newton, Paulding,
Peach, Rockdale, Stephens, Taylor and Walker counties in Georgia are eligible to
apply to SBA. Examples of eligible non-critical PNP organizations include, but
are not limited to, food kitchens, homeless shelters, museums, libraries,
community centers, schools and colleges.

PNPs may borrow up to $2 million to repair or replace damaged or destroyed real
estate, machinery and equipment, inventory and other business assets. The SBA
also provides mitigation funds to disaster victims based on 20 percent of the
verified physical damage. These funds are designed to help borrowers pay for
protective measures to minimize damages of the same kind in the future.

The SBA offers Economic Injury Disaster Loans to help meet working capital
needs, such as ongoing operating expenses for PNP organizations of all sizes.
Economic Injury Disaster Loan assistance is available even if there was no
physical property damage.

Interest rates are as low as 4 percent with terms up to 30 years. Loan amounts
and terms are set by the SBA and are based on each applicant`s financial
condition.

Disaster loan information and application forms may be obtained by calling the
SBA`s Disaster Assistance Customer Service Center at 1-800-659-2955 (for the
hearing-impaired 1-800-877-8339) Monday through Friday from 8 a.m. to 9 p.m.
EST, or by sending an email to disastercustomerservice@sba.gov. Applications can
also be downloaded from www.sba.gov/services/disasterassistance. Completed
applications should be mailed to: U.S. Small Business Administration, Processing
and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

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

The filing deadline to return applications for physical property damage is
November 25, 2009. The deadline to return economic injury applications is June
28, 2010.

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

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

Copyright Business Wire 2009