SBA disaster loans open for Douglas County losses from Hurricane Polo remnants; Omaha help center closes Nov. 13
Physical-damage applications are due Dec. 28. The Mockingbird Hills outreach center is open weekdays.
OMAHA - Douglas County homeowners, renters, businesses and private nonprofits with losses from the remnants of Hurricane Polo, Sept. 30–Oct. 1, can apply for low-interest federal disaster loans, according to a U.S. Small Business Administration release.
- Loan limits: Businesses and nonprofits can borrow up to $2 million for physical damage. Homeowners can borrow up to $500,000 for a primary residence, and homeowners and renters up to $100,000 for personal property.
- Economic injury loans: Small businesses, small agricultural cooperatives and nonprofits can get working-capital loans even without physical damage. Farmers and ranchers are not eligible, except aquaculture.
- Terms: Rates start at 3% for households, 3.625% for nonprofits and 4% for businesses, with terms up to 30 years. No payments or interest for the first 12 months.
- Deadlines: Dec. 28 for physical damage; July 26, 2027, for economic injury.
- In person: Mockingbird Hills Community Center, 10242 Mockingbird Dr., Omaha. Open Monday through Friday, 8 a.m. to 5 p.m. It is closed Nov. 3 and Nov. 11 and shuts down Friday, Nov. 13, at 5 p.m. You can walk in or book at appointment.sba.gov.
- Apply: Go to sba.gov/disaster, call (866) SBA-HELP or email disastercustomerservice@sba.gov. Relay users can dial 7-1-1.