SACRAMENTO, Calif. – Small nonfarm businesses in 100 Missouri counties and neighboring counties in Arkansas, Illinois, Iowa, Kansas and Oklahoma are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by excessive rain and flooding in the following primary counties that began March 9, 2019.
 
Primary Missouri counties:  Adair, Audrain, Bates, Boone, Butler, Caldwell, Callaway, Camden, Cape Girardeau, Clark, Clay, Cole, Cooper, Daviess, DeKalb, Franklin, Gasconade, Grundy, Harrison, Howard, Jasper,  Jefferson, Knox, Laclede, Lafayette, Lawrence, Lincoln, Linn, Livingston, Maries, Marion, McDonald, Mercer, Miller, Moniteau, Monroe, Montgomery, Newton, Osage, Pettis, Pike, Pulaski, Putnam, Randolph, St. Charles, Schuyler, Scotland, Scott, Shelby, Stoddard, Vernon, Warren and Wright;
Neighboring Missouri counties:  Andrew, Barry, Barton, Benton, Bollinger, Buchanan, Carroll, Carter, Cass, Cedar, Chariton, Christian, Clinton, Crawford, Dade, Dallas, Douglas, Dunklin, Gentry, Greene, Henry, Hickory, Jackson, Johnson, Lewis, Macon, Mississippi, Morgan, New Madrid, Perry, Phelps, Platte, Ralls, Ray, Ripley, St. Clair, St. Francois, St. Louis, Ste. Genevieve, Saline, Stone, Sullivan, Texas, Washington, Wayne, Webster and Worth;
Neighboring Arkansas counties:  Benton and Clay;
Neighboring Illinois counties:  Adams, Alexander, Calhoun, Hancock, Jersey, Madison, Monroe, Pike and Union;
Neighboring Iowa counties:  Appanoose, Davis, Decatur, Lee, Ringgold, Van Buren and Wayne;
Neighboring Kansas counties:  Bourbon, Cherokee, Crawford, Linn, Miami and Wyandotte;
Neighboring Oklahoma counties:  Delaware and Ottawa.
 
“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said.
 
Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
 
“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4 percent for businesses and 2.75 percent for private nonprofit organizations, a maximum term of 30 years and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said.
 
By law, SBA makes Economic Injury Disaster Loans available when the U.S. Secretary of Agriculture designates an agricultural disaster. The Secretary declared this disaster on Aug. 7, 2019.
 
Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency about the U.S. Department of Agriculture assistance made available by the Secretary’s declaration.
 
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.
 
The deadline to apply for economic injury is April 7, 2020.

About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.