"Storms of this nature are difficult to recover from," said Aderholt, "That is why it is important that we give the very institutions that will help others get back on their feet a helping hand."
"Churches, temples, other religious centers, as well as other private nonprofit organizations in
"Eligible private nonprofit organizations may borrow up to
"The terms of the loan may be up to 30 years, making payments affordable. The SBA sets loan amounts and terms based on each applicant's financial condition. Interested organizations may apply before their insurance claims are settled.
"The SBA may loan up to 20 percent more than the total of disaster damage to real estate and/or leasehold improvements that reduce the risk of future disaster damages.
"For more information, nonprofits may call (800) 659-2955 or visit a disaster recovery center. Forthose that are hearing impaired and require an assistive device (TTY), call (800) 877-8339. Nonprofits may also visit SBA's secure website at https://disasterloan.sba.gov/ela to apply for disaster loans. Registration with
Congressman Aderholt serves as Chairman of the Subcommittee on Agriculture,
For more information about Aderholt's work in
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