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Published September 7 2021 updated September 7 2021 1 min. 4 seconds read
Summary at a Glance
The Small Business Administration on 09/03/2021 published to the Federal Register a Notice of the Presidential declaration of a major disaster for the State of Louisiana FEMA-4611-DR, dated 08/29/2021 for Physical Damage and EIDL

Physical Loan Application Deadline Date: 10/28/2021.

Economic Injury (EIDL) Loan Application Deadline Date: 05/31/2022.

The following areas have been determined to be adversely affected by the disaster:

Primary Parishes (Physical Damage and Economic Injury Loans): Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, Saint Bernard, Saint Charles, Saint Helena, Saint James, Saint Martin, Saint Mary, Saint Tammany, St John the Baptist, Tangipahoa, Terrebonne, Washington, West Baton Rouge, West Feliciana.

Contiguous Parishes/Counties (Economic Injury Loans Only):

Louisiana: Avoyelles, Concordia, Lafayette, Saint Landry, Vermilion.

Mississippi: Amite, Hancock, Marion, Pearl River, Pike, Walthall, Wilkinson.

The Interest Rates are: (Percent)

For Physical Damage:

Homeowners with Credit Available Elsewhere 3.125

Homeowners without Credit Available Elsewhere 1.563

Businesses with Credit Available Elsewhere 5.710

Businesses without Credit Available Elsewhere 2.855

Non-Profit Organizations with Credit Available Elsewhere 2.000

Non-Profit Organizations without Credit Available Elsewhere 2.000

For Economic Injury:

Businesses & Small Agricultural Cooperatives without Credit Available Elsewhere 2.855

Non-Profit Organizations without Credit Available Elsewhere 2.000

Resource: 

 

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