The U.S. Small Business Administration recently announced that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes located in the State of Indiana as a result of severe storms, tornadoes, torrential rainfall and flooding that occurred on May 30, 2008.
All small businesses in Indiana except Blackford, Dekalb, LaPorte, Porter and Steuben counties, are eligible to apply to SBA.
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Businesses in need of relief should take advantage of such programs. Every business runs into financial instability, especially with unforeseen circumstances.
Although the approval process may take some work and time, it's worth working on. The first thing you should do is see what business and areas eligible. If your business qualifies then you should make sure your application is 100% accurate.
Be sure to always follow up on your application without being pushy. Often just speaking with a representative and explaining that you want to make sure everything is accurate in your application will help the process move along. A good representative may also help identify issues that need addressing in your application.
That's The Way I See It!
Acey Gaspard
Related Topic:
Small Business Loans and Where You Can Find Them
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