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Small Business Administration to Provide Assistance to Tornado Victims

Following the announcement of the Presidential disaster declaration in Georgia as a result of severe storms and tornadoes on March 14-16, 2008, Administrator Steve Preston of the U. S. Small Business Administration issued the following statement: “We look forward to working with the State of Georgia to make low-interest federal disaster loans available to homeowners, renters and businesses,” said Preston.   “We will be swift in our efforts to help Georgia disaster victims rebuild their homes and businesses.”   

Once local recovery centers are identified in the declared area, the SBA officials will be providing one-on-one assistance to disaster loan applicants.

Under the declaration, Fulton County is eligible for both Physical and Economic Injury Disaster Loans from the SBA.  The contiguous counties of Carroll, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth and Gwinnett are only eligible to apply for SBA Economic Injury Disaster Loans.

To be considered for all forms of disaster assistance, victims must first call the Federal Emergency Management Agency (FEMA) at 1-800-621-FEMA (3362).   Additional details on the location of Disaster Recovery Center(s) and the loan application process can be obtained by calling the SBA Customer Service Center at 1-800-659-2955.

The filing deadline to return applications for physical property damage is May 19, 2008. The deadline to return economic injury applications is December 22, 2008.

Read more in the documents attached below.

Associated Document(s):

	Release08-320SBAStandsReadyToAssist.pdf
	Press Release and Fact Sheet for SBA disaster assistance available to tornado victims in Georgia.
	GEMARelease_Individual_Disaster_Assitance032408.pdf
	GEMA News regarding Georgia counties eligible to receive Federal disaster assistance.