***Disaster News***![](media/image1.png){width="1.5847222222222221in"
height="0.7277777777777777in"}

***Economic Injury Loans for Small Businesses***

**SBA Disaster Assistance -- Field Operations Center- East - One
Baltimore Place, Suite 300 - Atlanta, GA 30308**

Release Date: March 06, 2008 Contact: Michael Lampton

Release Number: 08-294, TN 11167 Phone: (404) 347-3771

> Contact: Patrick Geho, TSBDC

Phone: (615) 849-9999

**Help Available To Tennessee Small Businesses**

**With SBA Disaster Business Loan Applications**

ATLANTA - The U.S. Small Business Administration announces today that
small businesses impacted by the severe storms and tornadoes on February
5 - 6, 2008, can get one-on-one assistance from the Tennessee Small
Business Development Centers (SBDCs) in completing their disaster
business loan applications.

\"We consider it important to have partners such as the Tennessee SBDC
to assist area business owners with completing their SBA disaster
business loan applications. Providing individual help is an important
part of what we do to assist victims recover from a disaster,\" said,
Frank Skaggs, Director of SBA Field Operations Center East.

Eligible small businesses may qualify for loans up to \$1.5 million.
Interest rates are available at\
4 percent with loan terms up to 30 years. SBA determines eligibility for
the loans based on the size and type of the business and its financial
resources. Loan amounts and terms are set by SBA and based upon
applicant\'s financial condition.

"Tennessee SBDC's certified business counselors are experienced in
helping business owners with their business loan applications," said
Tennessee SBDC State Director, Patrick Geho, "Our staff is always ready
to help Tennessee business owners in getting the needed assistance.\"

The Centers are open 8 a.m. to 4:30 p.m. Monday through Friday; small
business owners should make an appointment prior to visiting one of the
Centers below:

  ----------------------------------- -----------------------------------
  **Jackson State Community           **Middle Tennessee State
  College**\                          University**\
  197 Auditorium Street\              Rutherford County Chamber of
  Jackson, Tennessee 38301\           Commerce Bldg.\
  Phone: (731) 424-5389               501 Memorial Blvd.\
                                      Murfreesboro, Tennessee 37129\
                                      Phone:: (615) 898-2745

  **Southwest Tennessee Community     **Tennessee State University**\
  College**\                          College of Business\
  Building C Room 202\                330 10th Avenue, North\
  737 Union Avenue\                   Nashville, Tennessee 37203-3401\
  Memphis, TN 38103\                  Phone: (615) 963-7179
  Phone: (901) 333-5086               

  **Memphis Renaissance Center/\      **Volunteer State Community
  Satellite Office of University of   College**\
  Memphis**\                          1480 Nashville Pike\
  Business Information Center\        Gibson Hall 114\
  555 Beale Street\                   Gallatin, TN 37066\
  Memphis, Tennessee 38103\           Phone: 615-230-4780
  Phone: (901) 526-9300               
  ----------------------------------- -----------------------------------

-more-

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**Available To Tennessee Small Businesses**

**With SBA Disaster Business Loan Applications**

Anyone unable to visit the Centers may obtain an application by calling
the SBA\'s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for
the hearing-impaired) Monday through Friday from\
8 a.m. until 9 p.m., and Saturday and Sunday 9 a.m. to 5 p.m. EST.
Business loan applications can also be downloaded from the SBA website
at [www.sba.gov](http://www.sba.gov/). Completed applications should be
mailed to: U.S. Small Business Administration, Processing and
Disbursement Center, 14925 Kingsport Road, Fort Worth, TX. 76155.

**The application deadline for physical damage is [April 7,
2008]{.underline}; the deadline for economic injury applications is
[November 7, 2008]{.underline}.**

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For more information about the SBA\'s Disaster Loan Programs, visit
[www.sba.gov](http://www.sba.gov/)[.]{.underline}