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June 28, 2022

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Small Business Administration Disaster Loan Deadline Approaching

The deadline to apply for low-interest loans from the U.S. Small Business Administration (SBA) for businesses and residents affected by the August 2016 flooding in Louisiana is October 13, 2016. Businesses and private nonprofits may be eligible to borrow up to $2 million for real estate, inventory, and business asset replacement or repair. Homeowners may be eligible to borrow up to $200,000 for real estate replacement or repair, and up to $40,000 for damaged or destroyed personal property.

Economic injury disaster loans are also available through the SBA, with a current deadline of May 15, 2017.

Read more on flood recovery assistance for businesses at the Louisiana Economic Development website.

For more information about the SBA’s disaster assistance programs, visit www.sba.gov/disaster, or call the SBA’s disaster customer service center at 1-800-659-2955.

© 2022 Jones Walker LLPNational Law Review, Volume VI, Number 286
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About this Author

Graham Ryan Litigation Attorney Jones Walker Law Firm
Partner

Graham Ryan is a partner in the Litigation Practice Group. Graham resolves complex business disputes through civil litigation and appeals in federal and state courts for a diverse group of clients spanning numerous industries. He serves on the boards of numerous organizations.


Graham concentrates his practice on commercial civil litigation in federal and state courts, and has extensive experience in Louisiana substantive and procedural law and appeals. He has cross-industry litigation experience in the areas of business disputes, breach of contract, torts, real...

504-582-8370
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