Loan application deadline announced for private nonprofits

Published 6:03 pm Thursday, July 11, 2019

The U.S. Small Business Administration reminded eligible private, nonprofit organizations in Minnesota of the Aug. 12 deadline to submit disaster loan applications for physical damages caused by a severe winter storm, straight-line winds and flooding from March 12 to April 28.

Private, nonprofit organizations in Big Stone, Blue Earth, Brown, Chippewa, Clay, Cottonwood, Dodge, Faribault, Fillmore, Freeborn, Goodhue, Grant, Houston, Jackson, Kittson, Lac Qui Parle, Le Sueur, Lincoln, Lyon, Mahnomen, Marshall, Martin, McLeod, Mower, Murray, Nicollet, Nobles, Norman, Olmsted, Pennington, Pipestone, Polk, Ramsey, Red Lake, Redwood, Renville, Rock, Roseau, Scott, Sibley, Steele, Stevens, Swift, Traverse, Wabasha, Waseca, Washington, Watonwan, Wilkin, Winona and Yellow Medicine counties, as well as the Prairie Island Indian Community, Red Lake Bank of Chippewa, Upper Sioux Community and the White Earth Nation in Minnesota are eligible to apply.

Private, nonprofit organizations that do not provide critical services of a governmental nature may be eligible to apply for low-interest rate disaster loans. Examples of eligible, noncritical, private, nonprofit organizations, include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

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These organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

For more information, call the SBA customer service center at 800-659-2955 or send an email to