Alabama disaster loan deadline

Disaster Loans
6:36 am
Mon February 11, 2013

Deadline Coming in Ala., Miss. for Disaster Loans

The roof of the sanctuary of Trinity Episcopal Church on Dauphin Street in Mobile, Ala. was ripped off by a tornado that struck midtown Mobile Christmas Day, Tuesday, Dec. 25, 2012 in Mobile, Ala.
Bill Starling

The federal Small Business Administration says March 11 is the deadline for disaster loan applications from people and businesses in 10 Alabama counties and three Mississippi counties affected by severe storms on Dec. 25-26.

SBA field director Frank Skaggs said low-interest loans of up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Loans of up to $40,000 are available to homeowners and renters to replace personal property. Businesses and nonprofit organizations may borrow up to $2 million.

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