Storm Related SBA EIDL Information
Catoosa County is listed as a contiguous county in the TN 16429 disaster declaration. This means if a small business, non-profit organization, or small agricultural cooperative was impacted by the April 12-13 severe storms, tornadoes, straight-line winds and flooding, they are eligible to apply for an Economic Injury Disaster Loan (EIDL). Businesses do not need to have had physical damage to apply. Perhaps their customers were impacted or some of their employees could not get to work. If they had financial losses due to the storm, we encourage them to consider an EIDL.
The interest rate for a small business is 3.75 percent; 2.75 percent for non-profit organizations.
Terms are up to 30 years to keep payments affordable.
The first payment is not due until 5 months from the date the closing documents are signed.
There is no collateral required on loans of $25,000 or less.
There are no closing costs and no prepayment penalty.
People can apply online at:
Download paper documents here to see the application before you apply:
For virtual assistance with your application for a storm EIDL, call any of the following numbers between 8 a.m.-5 p.m. Eastern Time:
People can also email for assistance to FOCE-Help@sba.gov
View the News Release by clicking here.
View the Fact Sheet by clicking here.
In an effort to ensure reliable service to Catoosa County residents, all contractors that wish to perform storm relief services in Catoosa County should register with the Planning and Zoning Department located at 184 Tiger Trail in Ringgold, GA. There is a $50 registration fee. You can call their office for more information at (706) 965-3787.
Storm Relief Request
In an effort to ensure that all Catoosa County residents and businesses are provided necessary services after the severe weather event overnight on April 12, 2020, we have launched this submission form in order to allow you to request assistance.
If you are in need of any services, please complete this form and we will do our best to connect you with the appropriate person.