Disaster press release CA 14797-02

CA 14797-02 SBA Disaster Loan Outreach Center in San Francisco to Close

SACRAMENTO, Calif. – District Director Mark Quinn of the U.S. Small Business Administration’s (SBA) San Francisco District office announced today that...


SACRAMENTO, Calif. –

District Director Mark Quinn of the U.S. Small Business Administration’s (SBA) San Francisco District office announced today that SBA will close its San Francisco Disaster Loan Outreach Center at 12 p.m. on Friday, Aug. 26, 2016.

“SBA opened the center to provide personalized assistance to California businesses and residents who were affected by the Mission and 29th Street Fire that occurred June 18, 2016. Until the San Francisco center closes, SBA customer service representatives will continue to be available to meet with businesses and residents to answer all of their questions, explain SBA’s disaster loan program and close their approved disaster loans,” said Quinn.

Businesses and residents can meet with SBA representatives on the days and times indicated below. No appointment is necessary.

SBA DISASTER LOAN OUTREACH CENTER




Plaza Adelante


2301 Mission St., Suite 102


San Francisco, CA 94110

Mondays - Fridays, 9 a.m. – 5 p.m.



Center closes 12 p.m. Friday, Aug. 26

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to homeowners and businesses 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, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Interest rates can be as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations and 1.625 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at


https://disasterloan.sba.gov/ela


.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing


disastercustomerservice@sba.gov


. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more disaster assistance information or to download applications, visit


https://www.sba.gov/disaster


. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The filing deadline to return applications for property damage is Oct. 11, 2016. The deadline to return economic injury applications is May 10, 2017.

# # #


SACRAMENTO, Calif. –

District Director Mark Quinn of the U.S. Small Business Administration’s (SBA) San Francisco District office announced today that SBA will close its San Francisco Disaster Loan Outreach Center at 12 p.m. on Friday, Aug. 26, 2016.


SACRAMENTO, Calif. –

“SBA opened the center to provide personalized assistance to California businesses and residents who were affected by the Mission and 29th Street Fire that occurred June 18, 2016. Until the San Francisco center closes, SBA customer service representatives will continue to be available to meet with businesses and residents to answer all of their questions, explain SBA’s disaster loan program and close their approved disaster loans,” said Quinn.

Businesses and residents can meet with SBA representatives on the days and times indicated below. No appointment is necessary.

SBA DISASTER LOAN OUTREACH CENTER




Plaza Adelante


2301 Mission St., Suite 102


San Francisco, CA 94110

SBA DISASTER LOAN OUTREACH CENTER

Mondays - Fridays, 9 a.m. – 5 p.m.



Center closes 12 p.m. Friday, Aug. 26



Center closes 12 p.m. Friday, Aug. 26

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to homeowners and businesses 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, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Interest rates can be as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations and 1.625 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at


https://disasterloan.sba.gov/ela


.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing


disastercustomerservice@sba.gov


. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more disaster assistance information or to download applications, visit


https://www.sba.gov/disaster


. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The filing deadline to return applications for property damage is Oct. 11, 2016. The deadline to return economic injury applications is May 10, 2017.

# # #

Related programs: Disaster

Media contacts

U.S. Small Business Administration