The Delaware Emergency Management Agency (DEMA) is reminding private non-profit organizations in Delaware determined to be eligible for disaster loans in the wake of Hurricane Sandy that the deadline for loan applications is Jan. 15.
Low-interest loans are offered to eligible private non-profit organizations by the U.S. Small Business Administration (SBA) for physical loss up to the loan limits. Approved loans can be increased to allow for protective measures designed to mitigate similar future storm damages; private non-profits can also receive loans to meet working capital needs.
Applications can be made online using the electronic loan application available at the SBA's secure website disasterloan.sba.gov/ela. Loan forms and information can also be obtained by calling the SBA's customer service center at (800) 659-2955 or by sending an email to email@example.com.