Disaster press release SC 14921

SC 14921 - SBA Closes Disaster Business Recovery Center in South Carolina; Last Days to Meet With Representatives

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ATLANTA –

The U.S. Small Business Administration (SBA) announced today that the Business Recovery Center (BRC) in Beaufort County will close permanently on

Thursday, Dec. 22

.

Businesses, nonprofit organizations, homeowners and renters with uninsured physical losses due to Hurricane Matthew are encouraged to submit an SBA disaster loan application before it’s too late. SBA representatives at the Center can provide information about disaster loans, answer questions and help businesses in completing the SBA application.  The Center is located as indicated below:

Beaufort County

Hilton Head-Bluffton Chamber of Commerce

1 Chamber of Commerce Drive

Hilton Head, SC  29928

Hours:  8:30 a.m. – 5 p.m., Mon., Tues., Wed., Thurs.

Closes: Thursday, Dec. 22 at 5 p.m.

Businesses and nonprofits can apply for up to $2 million for disaster damaged real estate, machinery, equipment, inventory, and other business assets.  Economic Injury Disaster Loans for working capital are available even if the business did not suffer any physical damage. Homeowners can apply for up to $200,000 for damaged real estate.  Homeowners and renters can apply for up to $40,000 for damaged personal property including automobiles. Interest rates are as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations, and 1.563 percent for homeowners and renters, with terms up to 30 years.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes, including a safe room or storm shelter.

Additional information on the disaster loan program may be obtained by calling SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to

disastercustomerservice@sba.gov

.  Loan applications can be downloaded from

www.sba.gov


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

https://disasterloan.sba.gov/ela


.

The filing deadline to return applications for physical property damage was

Dec. 13, 2016


.  The deadline to return economic injury applications is

July 12, 2017


.


ATLANTA –

The U.S. Small Business Administration (SBA) announced today that the Business Recovery Center (BRC) in Beaufort County will close permanently on

Thursday, Dec. 22

.


ATLANTA –


Thursday, Dec. 22

Businesses, nonprofit organizations, homeowners and renters with uninsured physical losses due to Hurricane Matthew are encouraged to submit an SBA disaster loan application before it’s too late. SBA representatives at the Center can provide information about disaster loans, answer questions and help businesses in completing the SBA application.  The Center is located as indicated below:

Beaufort County

Beaufort County


Hilton Head-Bluffton Chamber of Commerce

1 Chamber of Commerce Drive

Hilton Head, SC  29928

Hours:  8:30 a.m. – 5 p.m., Mon., Tues., Wed., Thurs.

Closes: Thursday, Dec. 22 at 5 p.m.

Businesses and nonprofits can apply for up to $2 million for disaster damaged real estate, machinery, equipment, inventory, and other business assets.  Economic Injury Disaster Loans for working capital are available even if the business did not suffer any physical damage. Homeowners can apply for up to $200,000 for damaged real estate.  Homeowners and renters can apply for up to $40,000 for damaged personal property including automobiles. Interest rates are as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations, and 1.563 percent for homeowners and renters, with terms up to 30 years.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes, including a safe room or storm shelter.

Additional information on the disaster loan program may be obtained by calling SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to

disastercustomerservice@sba.gov

.  Loan applications can be downloaded from

www.sba.gov


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

https://disasterloan.sba.gov/ela


.

The filing deadline to return applications for physical property damage was

Dec. 13, 2016


.  The deadline to return economic injury applications is

July 12, 2017


.

Dec. 13, 2016


July 12, 2017

Related programs: Disaster