(MOBILE, Ala.) The Small Business Administration will open a disaster loan center in Mobile County Tuesday.
The loans are available for residents and business owners affected by the Christmas Day tornado. The disaster declaration by Gov. Robert Bentley, R-Ala., covers Mobile, Pke, Baldwin, Barbour, Bullock, Coffee, Crenshaw, Dale, Montgomery and Washington counties in Alabama. The loans are also available for people in George, Greene and Jackson counties in Mississippi.
Below is the location and hours for the disaster loan office in Mobile:
Western Administrative Complex
4851 Museum Drive, Mobile
Opening: Tuesday, Jan. 15 at 8 a.m.
Hours: Tuesday - Friday from 8 a.m. - 5 p.m.
Saturday, Jan. 19 from 9 a.m. - 3 p.m.
Closed: Sunday, Jan. 20 - Monday, Jan. 21 in observance of MLK Day
Closing: Thursday, Jan. 24 at close of business
"Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets," said Tom Todt, SBA's Alabama district director in a release.
Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website by clicking here
The filing deadline to return applications for physical property damage is March 11, 2013. The deadline to return economic injury applications is October 10, 2013.