NICHOLAS COUNTY, Ky. (WKYT) – Eligible residents and business owners in Nicholas County have been able to apply for low-interest loans to help repair property and reopen businesses that have been damaged by flooding historical records, but the filing deadline for returning physical property damage claims is approaching.
January 3, 2022, is the last day to return an application for a low rate loan.
Applicants may be eligible for an increase in the loan amount up to 20% of their physical damage as verified by the SBA for mitigation purposes. The amounts and terms of the loan are set by the SBA and are based on the financial status of each applicant.
Applicants can apply online using electronic loan application through SBA’s secure system website and should apply under SBA statement # 17260.
Disaster loan information and application forms can also be obtained by calling the SBA Customer Service Center at 800-659-2955 or by emailing [email protected] Loan applications can also be downloaded.
Completed applications should be returned to the center or mailed to: US Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
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