Small non-farm businesses in 56 Kansas counties, including Leavenworth County, and neighboring counties in Colorado, Missouri, Nebraska and Oklahoma are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration, according to a news release from SBA.

Small non-farm businesses in 56 Kansas counties, including Leavenworth County, and neighboring counties in Colorado, Missouri, Nebraska and Oklahoma are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration, according to a news release from SBA.

These loans offset economic losses because of reduced revenues caused by rain, flash flooding, flooding, high winds, tornadoes, hail and lightning that began Oct. 15, 2018.


“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Tanya N. Garfield, director of SBA’s Disaster Field Operations Center-West, said in a news release.


Small non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.


“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 3.675% for businesses and 2.5% for private nonprofit organizations, a maximum term of 30 years and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said in the release.


By law, SBA makes Economic Injury Disaster Loans available when the U.S. Secretary of Agriculture designates an agricultural disaster. The secretary declared this disaster on Sept. 6.
Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency about the U.S. Department of Agriculture assistance made available by the secretary’s declaration.
Applicants may apply online, receive additional disaster assistance information and download applications at www.disasterloan.sba.gov/ela

Applicants may also call SBA’s Customer Service Center at 1-800-659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call 1-800-877-8339.

Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX. 76155.
The deadline to apply for economic injury is May 6, 2020.