SACRAMENTO, Calif.
– Director Michael Ricks of the U.S. Small Business Administration’s (SBA) Louisiana District Office announced today that SBA will open a Disaster Loan Outreach Center in Paincourtville to meet the needs of businesses and residents affected by the severe storms, tornadoes and straight-line winds that occurred Feb. 23-24. This center will open at 8 a.m. Monday, May 9 along with the centers in LaPlace and Convent as previously announced.
“Low-interest federal disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters whose property was damaged or destroyed by this disaster,” said SBA’s Louisiana District Director Michael Ricks. “Beginning Monday, May 9, SBA representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application.” Ricks continued.
The centers will be open on the days and times indicated until further notice. No appointment is necessary.
ASSUMPTION PARISH
Disaster Loan Outreach Center
Community Worship Center
6688 Highway 70 North
Paincourtville, LA 70391
Opens at 8 a.m. Monday, May 9
Monday - Friday, 8 a.m. – 5 p.m.
ST. JAMES PARISH
Disaster Loan Outreach Center
Romeville Senior Center
8188 Romeville St.
Convent, LA 70723
Opens at 8 a.m. Monday, May 9
Monday - Friday, 8 a.m. – 4:30 p.m.
ST. JOHN THE BAPTIST PARISH
Disaster Loan Outreach Center
New Wine Church
1929 West Airline Highway
LaPlace, LA 70068
Opens at 8 a.m. on Monday, May 9
Monday - Friday, 8 a.m. – 5 p.m.
Federal low-interest disaster loans from SBA are available to businesses and residents in Ascension, Assumption, Iberia, Iberville, Jefferson, Lafourche, Livingston, St. Charles, St. James, St. John the Baptist, St Martin, St. Mary, Tangipahoa and Terrebonne parishes.
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 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, 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 1.813 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 July 5, 2016. The deadline to return economic injury applications is Feb. 6, 2017.
SACRAMENTO, Calif.
– Director Michael Ricks of the U.S. Small Business Administration’s (SBA) Louisiana District Office announced today that SBA will open a Disaster Loan Outreach Center in Paincourtville to meet the needs of businesses and residents affected by the severe storms, tornadoes and straight-line winds that occurred Feb. 23-24. This center will open at 8 a.m. Monday, May 9 along with the centers in LaPlace and Convent as previously announced.
SACRAMENTO, Calif.
“Low-interest federal disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters whose property was damaged or destroyed by this disaster,” said SBA’s Louisiana District Director Michael Ricks. “Beginning Monday, May 9, SBA representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application.” Ricks continued.
The centers will be open on the days and times indicated until further notice. No appointment is necessary.
ASSUMPTION PARISH
Disaster Loan Outreach Center
Community Worship Center
6688 Highway 70 North
Paincourtville, LA 70391
Opens at 8 a.m. Monday, May 9
Monday - Friday, 8 a.m. – 5 p.m.
ASSUMPTION PARISH
ST. JAMES PARISH
Disaster Loan Outreach Center
Romeville Senior Center
8188 Romeville St.
Convent, LA 70723
Opens at 8 a.m. Monday, May 9
Monday - Friday, 8 a.m. – 4:30 p.m.
ST. JAMES PARISH
ST. JOHN THE BAPTIST PARISH
Disaster Loan Outreach Center
New Wine Church
1929 West Airline Highway
LaPlace, LA 70068
Opens at 8 a.m. on Monday, May 9
Monday - Friday, 8 a.m. – 5 p.m.
ST. JOHN THE BAPTIST PARISH
Federal low-interest disaster loans from SBA are available to businesses and residents in Ascension, Assumption, Iberia, Iberville, Jefferson, Lafourche, Livingston, St. Charles, St. James, St. John the Baptist, St Martin, St. Mary, Tangipahoa and Terrebonne parishes.
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 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, 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 1.813 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 July 5, 2016. The deadline to return economic injury applications is Feb. 6, 2017.