Alabama disaster loan deadline

It’s tax season and university students across the state are rolling up their sleeves to help taxpayers manage all the paperwork.

The group Impact Alabama has opened help centers to assist families with children who earn fifty two thousand dollars a year or less. Families without children to make less than twenty thousand dollars also qualify for assistance.

Sarah Louise Smith is the Executive Director of Impact Alabama. She says families get tax tips and the student volunteers gain experience working with customers.

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.