R.I. private nonprofits face Aug. 5 for SBA loans

Private nonprofit organizations in Rhode Island have until Aug. 5 to apply for Economic Injury Disaster Loans, the U.S. Small Business Administration reminded nonprofits on Friday. More

To continue reading this article, please do one of the following.



small business

R.I. private nonprofits face Aug. 5 for SBA loans

THE U.S. SMALL BUSINESS ADMINISTRATION is reminding Rhode Island private nonprofit organizations that they have until Aug. 5 to apply for Economic Disaster Loans related to damaged from Hurricane Sandy.
Posted 7/5/13

ATLANTA — Private nonprofit organizations in Rhode Island have until Aug. 5 to apply for Economic Injury Disaster Loans, the U.S. Small Business Administration reminded nonprofits on Friday.

The loans are intended for private nonprofits that provide non-critical services that suffered damages from Hurricane Sandy between Oct. 26 and Oct. 31, according to an SBA release.

The SBA offers Economic Injury Disaster Loans to help non-critical, private nonprofits meet working capital needs. The federal agency offers this assistance “regardless of whether the organization suffered any physical property damage,” said the agency.

Eligible, non-critical, private nonprofit organizations include community centers, colleges, food kitchens, homeless shelters, libraries and museums.

The SBA can grant loans up to $2 million at 3 percent with terms up to 30 years. The agency determines loan amounts and terms based on the financial condition of each applicant, said the release.

These Economic Injury Disaster Loans are available to non-critical, private nonprofits in the counties of Bristol, Kent, Newport and Washington. Eligible entities have one month remaining to apply.

Applicants can apply online or by mail. Online applications can be completed and submitted at SBA’s secure website at disasterloan.sba.gov.

If applying by mail, completed loan application forms should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Rd., Fort Worth, Texas, 76155.

Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement