AUSTIN, Texas – Eligible individuals and business owners in Erath, Gregg, Harrison, Hood, Jasper, Marion, Newton, Orange and Parker counties who register for disaster assistance from the Federal Emergency Management Agency (FEMA) may receive an automated phone call from the U.S. Small Business Administration (SBA). SBA’s recorded message gives instructions on how to request an application for a low-interest disaster loan.

Because FEMA grants may not cover all damage or property loss, private insurance and low-interest loans from the SBA are major sources of additional disaster recovery funds for businesses of all sizes (including landlords), private non-profits, homeowners and renters.

The survivor must complete and submit the SBA application because it may open the door to further assistance, including additional FEMA grants. There is no cost to apply and no obligation to accept the loan.

Interest rates can be as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations and 1.813 percent for homeowners and renters with terms up to 30 years.

  • Eligible homeowners may borrow up to $200,000 for home repair or replacement of primary residences, and eligible homeowners and renters may borrow up to $40,000 to replace disaster-damaged or destroyed personal property, including a vehicle. 
  • Businesses of all sizes and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery, equipment, inventory and other business assets.
  • Small businesses and most private nonprofits suffering economic impact from a disaster can apply for up to $2 million for any combination of property damage or economic injury under SBA’s Economic Injury Disaster Loan (EIDL) program.

FEMA and SBA encourage survivors to:

  • Register with FEMA at DisasterAssistance.gov or by phone (voice, 711 or video relay service) at 800-621-3362, TTY 800-462-7585. Toll-free lines are open 7 a.m. to 10 p.m., seven days a week and multilingual operators are available.
  • Go online at SBA.gov/disaster and download an application. Contact SBA at 800-659-2955, by email at disastercustomerservice@SBA.gov or meet with an SBA Representative at a Disaster Recovery Center to learn more about disaster loans, the application process, or    for help completing the SBA application. Deaf and hard-of-hearing individuals may call 800-877-8339.

Credit:  

Texas Storm Survivors May Receive A Phone Call From SBA

Warren, Mich. – Two State/FEMA Disaster Recovery Centers in Macomb and Oakland counties will transition to U.S. Small Business Administration (SBA) Disaster Loan Outreach Centers (DLOC) on Thursday, Nov. 13.

The State/FEMA recovery centers will remain open from 8 a.m. to 6 p.m. until Wednesday, Nov. 12, before transitioning to DLOCs, which focus on funds needed for long-term rebuilding and recovery. Homeowners, renters and businesses will be able to talk individually with SBA representatives. Specialists from FEMA will also be available.

At these centers:

  • Businesses, homeowners and renters may check on the status or ask any questions about their SBA disaster loan application.
  • Applicants may check the status of their FEMA registration and get clarification of any written correspondence received

The centers are located at:

Macomb County
Renaissance Unity Church
11200 East Mile Rd.
Warren, MI 48089

Oakland County
Gerry Kulick Community Center
1201 Livernois Ave.
Ferndale, MI 48220

The centers operated by the SBA, will be open Monday – Saturday, 9:00 a.m. to 6:00 p.m. and closed on Sundays.

Disaster survivors may register online at DisasterAssistance.gov or by smart phone or tablet at m.fema.gov.  Applicants may call 800-621-3362 or TTY users 800-462-7585.  The toll-free telephone numbers are available 7 a.m. to 11 p.m. EDT seven days a week until further notice.

For SBA information or to apply online, visit www.sba.gov or call 800-659-2955; TTY users call 800-877-8339.

###

FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards. Follow FEMA online at twitter.com/femaregion5, www.facebook.com/fema, and www.youtube.com/fema.  Also, follow Administrator Craig Fugate’s activities at twitter.com/craigatfema. The social media links provided are for reference only. FEMA does not endorse any non-government websites, companies or applications.

English: http://www.fema.gov/disaster/4195
Spanish: http://www.fema.gov/es/disaster/4195

 

Visit site:  

Two FEMA Disaster Recovery Centers Transitioning to SBA Loan Centers

PEARL, Miss. – Mississippi taxpayers living in counties that were designated as major disaster areas as a result of recent storms and tornados may be able to postpone filing their federal tax returns and paying what they owe.

This would apply to residents of Forrest, Lamar, Wayne and Marion counties. Under Internal Revenue Service rules, taxpayers in these counties whose returns and payments are due Monday, April 15, can hold off on filing until April 30. Businesses who must file by March 15 or on any date after that can also postpone filing.

IRS rules and regulations tend to be very complicated. Taxpayers should talk to their tax preparers to make sure they qualify for relief under Section 7508A of the Federal Tax Code and what any new deadlines might be.

Taxpayers who don’t use a tax-preparing service or a tax accountant can call the IRS at 800-829-1040 for individual taxpayer help or 800-829-4933 for business help.

For personal service, visit any of the six IRS offices in Mississippi. There is a list of these offices with their addresses and phone numbers at www.irs.gov/uac/Contact-My-Local-Office-in-Mississippi.

Assistance grants from state or federal sources do not count in a taxpayer’s gross income, nor do they affect the amount of Social Security he or she receives.

The IRS will forgive any penalties for late filings (as long as they are filed before any new deadline) for individuals and businesses in the declared counties. In addition, any individual or business whose necessary records are in those counties might also get relief.

According to the IRS, “If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late-filing or late-payment penalties that would otherwise apply.”

In some cases, taxpayers who reside or have a business outside the disaster-declared counties can also seek relief.  Phone the IRS Disaster Help Line at 866-562-5227. Residents within the declared areas are identified by IRS computers and don’t have to file relief requests.

Losses that were not covered by insurance or state and FEMA grants can be deducted from a taxpayer’s gross income on either their 2012 or 2013 tax return. If anyone wants to claim a loss deduction on his or her return that was already filed and wishes to have any refund sent, he or she should note “Mississippi/Tornado and Flooding” at the top of the tax form.

FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency or economic status. If you or someone you know has been discriminated against, call FEMA toll-free at 800-621-FEMA (3362). For TTY call 800-462-7585.

FEMA’s temporary housing assistance and grants for public transportation expenses, medical and dental expenses, and funeral and burial expenses do not require individuals to apply for an SBA loan. However, applicants who receive SBA loan applications must submit them to SBA loan officers to be eligible for assistance that covers personal property, vehicle repair or replacement, and moving and storage expenses.

 

###

 

 

 

  

 

 

 

 

Continue reading: 

Disaster Survivors May Get Tax Deadline Postponement