SBA Reminds Mississippians of Upcoming July 11 Deadline;
More Than $5 Million Approved in Disaster Loans

ATLANTA – The U.S. Small Business Administration is reminding homeowners, renters and
businesses, who received low-interest disaster loan applications for physical damage to complete and
return them prior to the deadline of July 11, 2011.

The SBA has approved more than $5 million in Disaster Assistance Loans for Mississippi residents
and business owners affected by the flooding that occurred from May 3 through June 17, 2011.

“Currently, we have approved $5,190,800 for individuals and businesses in Mississippi,” said Frank
Skaggs, director of SBA Field Operations Center East in Atlanta. “We are pleased to get these loans
approved so the people of Mississippi can start rebuilding and resuming their normal lives.”

The SBA offers disaster loans up to $200,000 for a primary residence, $40,000 for personal
property and $2 million for businesses and nonprofits. Interest rates are as low as 2.688 percent for
homeowners and renters, 3 percent for non-profits and 4 percent for businesses.

Survivors in the declared counties are urged to register with FEMA by calling 800-621-FEMA (3362)
or TTY 800-462-7585. Those who received SBA applications are encouraged to return them even if
they do not want a loan. If the SBA is not able to approve a home loan, the individual may be referred
to FEMA for possible grant assistance.

Approved loans can be increased for protective measures to lessen similar future damages.
Additionally, small businesses and most private nonprofit organizations can obtain loans for unmet
working capital needs.

Disaster loan information and application forms may be obtained by calling the Customer Service
Center at 800-659-2955 (800-877-8339 for people with speech or hearing disabilities) Monday
through Friday from 8 a.m. to 6 p.m. ET or by sending an email to disastercustomerservice@sba.gov.
Applications can also be downloaded from www.sba.gov. Completed applications should be mailed
to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road,
Fort Worth, TX 76155.

Survivors may visit SBA’s website at <a href=”https://disasterloan.sba.gov/ela/”>https://disasterloan.sba.gov/ela/</a> to apply for disaster loans.

The filing deadline to return applications for physical property damage is July 11, 2011. The deadline
to return economic injury applications is February 13, 2012.