Deadline to apply for SBA disaster loans is Monday - WSFA.com Montgomery Alabama news.

Deadline to apply for SBA disaster loans is Monday

MONTGOMERY, AL (WSFA) -

The Small Business Administration says only a small percentage of applications for disaster loans related to the late April tornadoes in Alabama have been returned.

The deadline to apply is Monday, June 27th.  The agency is urging those who had storm-related damage to apply to determine eligibility for a low interest loan, even if they are not sure they will need one because it qualifies you for other types of aid. They add that victims should not wait until they have settled with their insurance companies.

More than 80% of SBA disaster loans are for home owners and renters.

For more information or to apply, call 1-800-659-2955.  Applications can also be downloaded online from www.sba.gov or https://disasterloan.sba.gov/ela/

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