Disaster Loan Outreach Centers are opening in Howard County to assist those eligible for loans related to the Nov. 17 tornado.
The outreach center will be at 120 E. Mulberry St. Suite 6 in Kokomo in the Howard County Emergency Management Agency building. Hours are Saturday, 9 a.m. to 1 p.m.; Monday, 8 a.m. to 4 p.m. and Tuesday, 8 a.m. to noon.
The center will reopen from noon to 4 p.m. Feb. 18; from 8 a.m. to 4 p.m. Feb. 19; and 8 a.m. to close of business.
Other loan centers will be located in Fountain and Daviess counties. In addition to these counties affected individuals in Carroll, Cass, Clinton, Dubois, Grant, Greene, Knox, Martin, Miami, Montgomery, Parke, Pike, Tippecanoe, Tipton, Vermillion and Warren counties may apply.
Loan of up to $200,000 are available for the repair or replacement of damaged or destroyed real estate. Loans of up to $40,000 are available for the repair or replacement of damaged or destroyed personal property.
Loan applications can be found at disasterloan.sba.gov/ela/. Business loan applications are available at www.sba.gov. Applications can be returned to the loan center or mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. The SBA’s Customer Service Center can be reached by calling 800-659-2955 (800-877-8339 for people with speech or hearing disabilities) from 8 a.m. to 6 p.m. Monday through Friday or by emailing firstname.lastname@example.org.
Those suffering damage to personal or business property must return applications by April 7. Economic injury applications, including payroll, working capital or other business financial commitments, are due by Nov. 5.