A FEDERAL DISASTER DECLARATION HAS BEEN ISSUED FOR DEKALB AND MARSHALL COUNTIES IN NORTHEAST ALABAMA, DUE TO DAMAGE FROM TORNADOES IN LATE APRIL…  AND BECAUSE THE AREA BORDERS NORTHWEST GEORGIA, RESIDENTS OF WALKER, DADE AND CHATTOOGA COUNTIES MAY ALSO APPLY FOR S.B.A. LOANS.

DISASTER LOANS UP TO 200-THOUSAND DOLLARS ARE AVAILABLE TO HOMEOWNERS, TO REPAIR OR REPLACE DAMAGED OR DESTROYED REAL ESTATE.  HOMEOWNERS AND RENTERS ARE ELIGIBLE FOR LOANS OF UP TO 40-THOUSAND DOLLARS TO REPAIR OR REPLACE DAMAGED OR DESTROYED PERSONAL PROPERTY.

AREA BUSINESSES AND NON-PROFIT ORGANIZATIONS OF ANY SIZE MAY BORROW UP TO 2-MILLION DOLLARS.  DISASTER LOANS ARE AVAILABLE REGARDLESS OF WHETHER THE BUSINESS SUFFERED PHYSICAL PROPERTY DAMAGE.

TO APPLY FOR LOANS IN WALKER, DADE OR CHATTOOGA COUNTIES… CALL THE SMALL BUSINESS ADMINISTRATION AT 1-800-659-2955.