The Small Business Administration is offering long term low interest loans to survivors impacted by the recent severe storms, straight line winds, and tornadoes in Tennessee on March 31- April 1. This includes home owners, small businesses, non-profit organizations and renters.
The U.S. Small Business Administration (SBA) has opened a Business Recovery Center (BRC) in Macon County at the Macon County Emergency Communications District (911 Center) next to the Macon County Justice Center, in Lafayette. At the BRC, the SBA Customer Service Representatives will assist Tennesseans applying for SBA disaster loans for losses due to severe storms, straight-line winds and tornadoes. The disaster declaration covers Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton and Wayne counties in Tennessee, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA.
Disaster survivors with insurance should not wait for their settlement before applying to the SBA. The SBA can make a loan for the total loss and use insurance proceeds to reduce or repay the loan.
Any business owner or resident in the declared counties can get help at the BRC. It will operate as indicated or until further notice:
Macon County Emergency Communications District, 898 Highway 52 East, Lafayette, Tn. , Monday thru Friday, 8 a.m. to 6 p.m., Saturday, 9 a.m. to 1 p.m.