Edwards County Kansas SBA Disaster Loan Relief for Severe Winter Storms and Straight-line Winds KS-00157

Edwards County Kansas SBA Disaster Loan Relief for Severe Winter Storms and Straight-line Winds KS-00157

Edwards County, Kansas businesses and residents were affected by severe winter storms and straight-line winds on 3/17/2022 through 3/22/2022. The Small Business Administration (SBA) is offering financial disaster assistance for Edwards County, Kansas businesses that suffered physical damage or economic injury and loss to their KS business operations located in Edwards County.

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SBA Loan Deadlines for the Edwards County, Kansas Declared Disaster Declaration #17468 and #17469 

– Physical Damage Loan Application filing deadline is 07/25/2022. 

– Economic Injury Disaster Loan (EIDL) Application filing deadline is 02/27/2023. 

– Read the official SBA disaster declaration for Edwards County here.

Business Owners in Edwards County, for speed and personalized attention, Schedule Your Free Disaster Loan Consultation call. Depending on your situation, we may be able to assist you with the SBA process for your business in Edwards County Kansas.

Severe Winter Storms and Straight-line Winds Incident in Edwards County KS

On 3/17/2022 through 3/22/2022, a Severe Winter Storms and Straight-line Winds bad weather incident caused damage in areas of Kansas. Disaster Number KS-00157 was declared on 5/25/2022 as an official disaster area through Disaster Declaration #17468 and #17469 due to Severe Winter Storms and Straight-line Winds.

Edwards County, Kansas Cities and Towns Affected by Severe Winter Storms and Straight-line Winds

Here is a list of all the Edwards County, Kansas cities, towns, parishes, and municipalities affected by the Severe Winter Storms and Straight-line Winds that occurred 3/17/2022 through 3/22/2022:

Belpre, Kinsley, Lewis, Offerle

In Edwards County, Kansas, eligible businesses and residents are able to apply for a low-interest disaster loan from the U.S. Small Business Administration (SBA), commonly known as an SBA Economic Injury Disaster Loan (EIDL). The SBA offers disaster loan assistance to businesses, nonprofit organizations, homeowners, and renters located in Edwards County, Kansas, that were affected by the declared disaster number KS-00157.

The SBA also provides eligible Edwards County, Kansas small businesses and nonprofit organizations with working capital to help overcome the economic injury of the declared disaster in Edwards County, Kansas.

To apply for financial assistance from the SBA for your business that was affected by Severe Winter Storms and Straight-line Winds in Edwards County, visit the official SBA Disaster Loan Assistance website.

Physical Damage to Your Edwards County Business Property

Edwards County, Kansas businesses and private nonprofit organizations of any size may borrow an SBA EIDL loan up to a $2 million (two million dollars) to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

Applicants in Edwards County, Kansas may be eligible for an EIDL loan increase up to 20% (twenty percent) of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements may include a sump pump, elevation, French drain or retaining wall to help protect property and occupants from potential future damage that could be caused by a similar disaster in Edwards County, Kansas.

Economic Injury to Your Edwards County Business Operations in Kansas

For Edwards County small businesses, companies, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDL) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical damage to property.

Interest Rates for SBA EIDL Edwards County, Kansas Disaster Loans

Interest rates for Edwards County, Kansas are as low as 2.940% (two point nine four zero percent) for businesses, 1.875% (one point eight seven five percent) for nonprofit organizations, with loan amortization terms up to 30 years or 360 months. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition of their business located in Kansas.

Edwards County SBA Loan Interest Rates for Physical Damage:

– Kansas Businesses with Credit Available Elsewhere 5.880%

– Businesses in Kansas without Credit Available Elsewhere 2.940%

– Kansas Non-Profit Organizations with Credit Available Elsewhere 1.875%

– Non-Profit Organizations in Kansas without Credit Available Elsewhere 1.875%

Edwards County SBA Loan Interest Rates for Economic Injury:

– Businesses and Companies in Kansas 2.940%

– Small Kansas Agricultural Cooperatives without Credit Available Elsewhere 2.940%

– Kansas Non-Profit Organizations without Credit Available Elsewhere 1.875%

Edwards County Business Owners, Schedule Your Free Disaster Loan Consultation Call for One-on-One Assistance for Your Company that was Affected by Severe Winter Storms and Straight-line Winds in Edwards County, KS.

Edwards County, Kansas Disaster Assistance from FEMA

If your Edwards County, Kansas business was impacted by Severe Winter Storms and Straight-line Winds, and is located in one of the communities approved for assistance from the Federal Emergency Management Agency (FEMA), you can apply for disaster assistance. 

Check to see if Edwards County, Kansas is approved by FEMA by visiting DisasterAssistance.gov or by calling 1-800-621-3362 between the hours of 7am to 11pm Eastern Standard Time (EST) seven days a week.

For other possible Edwards County, Kansas disaster assistance resources, or to apply for assistance from FEMA, visit the official FEMA website.

Edwards County SBA EIDL Loan Relief vs. FEMA Assistance Facts for Kansas

For Edwards County businesses in Kansas, an SBA EIDL loan holds many benefits for recovering from the Severe Winter Storms and Straight-line Winds that caused damage to your physical property and economic injury to your business on Severe Winter Storms and Straight-line Winds.

Will I be referred to the SBA after I apply with FEMA?

Yes it is possible. After you apply for disaster assistance from FEMA, you may be contacted by the SBA. If you are asked to submit an application for a low-interest SBA loan, you are encouraged to do so. Applying with the SBA assures that all available disaster assistance options remain open to you.

Will the SBA application be the basis of referrals to other grant programs?

Yes. Submitting the application makes it possible for you to be considered for additional grants. If you apply for an SBA low-interest disaster loan and are not eligible, this may open the door to additional assistance from FEMA. If SBA denies the loan application, you may be eligible for additional FEMA grant assistance to replace essential household items, replace or repair a damaged vehicle, cover storage expenses, or meet other disaster-related needs your Edwards County, Kansas home or business has suffered. 

Do I have to accept an SBA loan if I am approved?

No you do not. If the SBA determines you are eligible for a loan, you do not have to accept it. However, if you do qualify for an SBA loan and you choose not to accept it, additional resources may not be available to you for disaster recovery.

Do I have to choose between a FEMA or an SBA EIDL loan?

No. Qualifying for an SBA EIDL loan does not mean you are suddenly ineligible for FEMA assistance. There are several important reasons to complete and submit an SBA application, even if you think you don’t currently need a loan for your Edwards County, Kansas home or business.  For example, you may discover that you were underinsured for the amount of work required to repair or replace your home. An SBA low-interest disaster loan may bridge the gap between your recovery costs and the settlement amount. 

Are SBA EIDL loans only meant for businesses?

No. Due to the Severe Winter Storms and Straight-line Winds being a natural disaster, the SBA also offers loans for homeowners in Edwards County, Kansas up to $200,000 to repair or replace your primary residence. The loans are customized to your personal financial circumstances. On a case-by-case basis, the SBA may be able to assist with the refinance of your current mortgages, in the case of a first mortgage, and / or a second mortgage.

The SBA can also help Edwards County, Kansas renters and homeowners replace household contents, for example: clothing, furniture, appliances, and vehicles. This is referred to as personal property.  Homeowners and renters are eligible for up to $40,000 (forty thousand dollars) to repair or replace damaged or destroyed personal property caused by Severe Winter Storms and Straight-line Winds.

Are SBA loans available for businesses and nonprofits of any size?

Yes. Due to the Severe Winter Storms and Straight-line Winds declared disaster, Edwards County, Kansas businesses of all sizes and private nonprofit organizations may borrow up to $2 million (two million dollars) to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. The SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size in Edwards County, Kansas, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.

Is there a deadline to apply for the Severe Winter Storms and Straight-line Winds SBA low-interest loan?

Yes. The deadline to file applications for physical damage is 07/25/2022. The deadline to return economic injury applications is 02/27/2023. These deadlines may be slightly different depending on the county and state.

Population of Edwards County in Kansas

Edwards County has a population of 2,832 residents (2021 Census figures), which is a change of -2.60% in population from the 2020 Census numbers. The State of Kansas has a current total population of 2,934,582. This is a -0.10% change in the number of residents in KS.

The Federal Information Processing System (FIPS) Code for the State of Edwards is 20000. The FIPS code for Edwards County, KS is 20047.

Edwards County Official Government Website in Kansas

The official website for the Edwards County, KS government can be found here:
http://www.edwardscounty.org

Check the Edwards County website for other possible disaster relief options for residents and businesses located in Edwards County, Kansas.

Other Kansas Counties Affected by the Severe Winter Storms and Straight-line Winds Disaster

Besides Edwards County, other counties that were affected by Severe Winter Storms and Straight-line Winds in Kansas were:

Kansas Primary Counties

Barton, Clark, Comanche, Edwards, Ellis, Ford, Graham, Gray, Hodgeman, Kiowa, Lane, Meade, Ness, Pawnee, Phillips, Rooks, Rush, Stafford, Trego, Wallace.

Kansas Cities Located in Edwards County

Belpre, Kinsley, Lewis, Offerle.

Summary and Conclusion of the Severe Winter Storms and Straight-line Winds Disaster in Edwards County, KS

To apply for financial assistance and relief due to your Edwards County, Kansas business being financially damaged by severe winter storms and straight-line winds on 3/17/2022 through 3/22/2022, there are important SBA deadlines for when you need to submit your new application, increase request, or reconsideration request. 

For the Edwards County, Kansas Declared Disaster Declaration #17468 and #17469, the loan application filing deadline for physical damage is 07/25/2022. The economic injury disaster loan (EIDL) application filing deadline is 02/27/2023.

This is something you can possibly do yourself (DIY) by visiting the official government FEMA and SBA websites.

Edwards County Professional Disaster Assistance for Your Business in Kansas

Was your Edwards County, KS business disrupted by the severe winter storms and straight-line winds incident that occured on 3/17/2022 through 3/22/2022?

We can offer professional assistance to help your business file for a new SBA EIDL loan, an increase request or loan modification, or a reconsideration appeal if you were denied for an SBA EIDL loan for your business that was economically harmed by severe winter storms and straight-line winds in Edwards County under Disaster Number KS-00157 that was declared on 5/25/2022 through Disaster Declaration #17468 and #17469.

Business Owners Located in Edwards County, Kansas

Schedule Your Free Disaster Loan Consultation Call For Help in Financially Recovering From the Severe Winter Storms and Straight-line Winds That May Have Damaged Your Business in Edwards County, KS.

Cover Image Credit: 123RF.com / Gudella / Disaster Loan Advisors.