Ouachita Parish Eligible For SBA Disaster Loans

MONROE, LA (AP) — The U.S. Small Business Administration has approved Gov. Bobby Jindal's request for federal disaster assistance following last month's severe weather and tornadoes in Ouachita Parish.

         Officials say that means low-interest disaster loans are available to homeowners and business owners whose property was damaged or destroyed in the storms that struck Oct. 13.

         The SBA decision means assistance is available in Ouachita Parish and in neighboring Caldwell, Jackson, Lincoln, Morehouse, Richland and Union parishes.

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         Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

         "Governor Jindal and I toured the area the day after this severe weather hit the parish," said Governor's Office of Homeland Security and Emergency Preparedness Director Kevin Davis. "While the amount of damage fell below the levels for FEMA assistance, we are pleased this level of support from the SBA has been approved to help people recover and to get businesses back operating."

         Applicants may apply online via the SBA's Website at https://disasterloan.sba.gov/ela or visit the disaster loan outreach center at the Ouachita Parish Public Library in Monroe between 9:00 a.m. and 5:30 p.m. Monday through Friday or by calling 800-659-2955.

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         The property damage filing deadline is Jan. 20, 2015. The deadline to return economic injury applications is August 18, 2015.

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