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10/5/2005

Special Edition: SBA Disaster Loans and FHLB Grants Related to Hurricanes
by Laura Fine, Assistant State Director

This is the first of a two-part special edition of Biz Bytes focusing on disaster assistance provided to small businesses. In this edition, we focus on SBA Disaster Loans for businesses affected by Hurricanes Katrina and Rita. Also, we highlight an economic development grant program of the Federal Home Loan Bank of Dallas.

As Arkansas is serving as host to evacuees who were victims of these hurricanes, we want to provide information that will be passed on by recipients of Biz Bytes.

Most of the information presented was obtained from the SBA website at: http://www.sba.gov/disaster_recov/.

The Arkansas SBDC will provide assistance to businesses affected by disasters including SBA disaster loan applications. Call 1-800-862-2040 or 501-324-9043 to request assistance from the nearest office or visit the ASBDC website at: http://asbdc.ualr.edu/ for a listing of offices.

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The Arkansas Small Business and Technology Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status, or disability.