Indy Standard

Businesses and residents in Pike County and surrounding counties may qualify for low-interest disaster loans from the U.S. Small Business Administration (SBA) following damage from storms on July 9.

The SBA and Indiana Department of Homeland Security (IDHS) have opened Disaster Loan Outreach Centers in Gibson and Posey counties to assist residents with claims and provide information about potential assistance. The centers are located at the Owensville Fire Department in Gibson County, 200 S. 1st St., and the Posey County Emergency Management Agency in Mt. Vernon, 311 Mill St. These centers cater specifically to those affected by the July 9 storms.

"The storms on July 9 affected many people in Pike County and the surrounding areas," said Rep. Lindauer. "As costs for damages can get very expensive, this financial relief can help Hoosiers get back on their feet."

Representatives from both agencies will be present at the disaster centers to answer questions about the loan program and assist with applications. IDHS staff will also provide information about the Indiana State Disaster Relief Fund, which covers losses not eligible for SBA loans.

Loans or relief are available for residents in Gibson, Knox, Posey, Vanderburgh, and Warrick counties.

Deadlines for residents and businesses in impacted counties are September 23, 2024, for physical property damage applications, while Economic Injury Loans have an application deadline of April 23, 2025.

Other businesses and organizations in designated counties that suffered significant economic injury from the storm may qualify for an SBA Economic Injury Disaster Loan.

For more information about the SBA disaster loan program, visit SBA.gov. For details on services available to area residents through IDHS, visit in.gov/dhs and click on "disaster assistance."

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