SBA Disaster Loans for TN NonProfits


Disaster Field Operations Center East

Release Date: April 19, 2019

Contact: Michael Lampton (404) 331-0333
Release Number: 19-379, TN 15939/15940

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SBA Offers Disaster Loans for Tennessee Private NonProfits
Affected by Severe Storms, Flooding, Landslides and Mudslides

ATLANTA – The U.S. Small Business Administration announced today that certain Private NonProfit organizations (PNP)s in Tennessee that do not provide critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans. These loans are available following a Presidential disaster declaration for Public Assistance resulting from damages caused by severe storms, flooding, landslides and mudslides from Feb. 19 through March 30, 2019.

PNPs located in Bedford, Bledsoe, Blount, Campbell, Carter, Cheatham, Claiborne, Clay, Cocke, Coffee, Decatur, Dekalb, Dickson, Dyer, Fentress, Gibson, Giles, Grainger, Greene, Hamblen, Hamilton, Hancock, Hardin, Hawkins, Hickman, Houston, Humphreys, Jackson, Jefferson, Johnson, Knox, Lake, Lauderdale, Lewis, Lincoln, Marion, Marshall, Mcnairy, Moore, Morgan, Obion, Overton, Perry, Rhea, Roane, Robertson, Scott, Sequatchie, Sevier, Smith, Tipton, Unicoi, Union, Van Buren, Warren and Wayne counties in Tennessee are eligible to apply.

Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, colleges and houses of worship.

PNP organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. The interest rate is 2.75 percent with terms up to 30 years. Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

The SBA also offers Economic Injury Disaster Loans to PNP organizations to help meet working capital needs, such as ongoing operating expenses. Economic Injury Disaster Loan assistance is available regardless of whether the organization suffered any physical property damage.

PNP organizations are urged to contact their County’s Emergency Manager for information
about their organization. The information will be submitted to FEMA to determine eligibility
for a Public Assistance grant or whether the PNP should be referred to SBA for disaster loan

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure
website at

Additional information on the SBA disaster loan program and application process can be
obtained by calling SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf
and hard-of-hearing) or by sending an email to Loan
applications can be downloaded from Completed applications should be
returned to a recovery center or mailed to: U.S. Small Business Administration, Processing
and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to submit applications for physical property damage is June 17, 2019. The
deadline to submit economic injury applications is Jan. 17, 2020.


About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As
the only go-to resource and voice for small businesses backed by the strength of the federal government,
the SBA empowers entrepreneurs and small business owners with the resources and support they need
to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through
an extensive network of SBA field offices and partnerships with public and private organizations. To
learn more, visit

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