Disaster press release SC 15698

SC 15698 - SBA Business Recovery Centers Transition to Disaster Loan Outreach Centers in South Carolina Until Dec. 20

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ATLANTA –

The U. S. Small Business Administration (SBA) is transitioning six Business Recovery Centers into Disaster Loan Outreach Centers effective Friday, Dec. 14.  The change is intended to encourage all disaster survivors to continue to meet face-to-face with Customer Service Representatives, obtain program information and receive help in submitting an SBA disaster loan application as well as provide assistance for those survivors with the SBA appeal process for declined applications.  The DLOCs will close operations on

Thur., Dec. 20

at the close of business.

Businesses, homeowners and renters that sustained physical losses or economic injury due to Hurricane Florence from Sept. 8 through October 8, 2018 are encouraged to submit an SBA disaster loan application.  Even though the physical damage deadline was Dec. 5, survivors are encouraged to go to the SBA DLOCs that are currently open and speak with a SBA representative that can provide information about disaster loans, answer questions and help survivors in submitting a late application.  The Centers are located as indicated below.


All Disaster Loan Outreach Centers will close on Thursday, Dec. 20


Chesterfield County

Northeastern Technical College

1201 Chesterfield Highway

Building 200, Room 210

Cheraw, SC 29520

Hours:  Weekdays, 8:30 a.m. – 5 p.m.

Saturdays, 9 a.m. - 1 p.m.

Closed:  Sundays


Dillon County

City of Dillon Wellness Center

1647 Commerce Drive

Dillon, SC 29536

Weekdays, 8:30 a.m. – 5 p.m.

Closed:  Saturdays and Sundays


Florence County

Florence Area SBDC

Florence-Darlington Technical College

Building Ready –SC, Room 2

2715 W. Lucas St.

Florence, SC 29502

Hours: Weekdays, 8:30 a.m. – 5 p.m.

Closed: Saturdays and Sundays


Horry County

Conway Chamber of Commerce

203 Main St

Conway, SC 29526

Hours:  Weekdays, 9 a.m. – 5 p.m.

Saturdays, 9 a.m. - 1 p.m.

Closed:  Sundays


Marion County

Marion County Administration Building

Room 118

2523 East Highway 76

Marion, SC 29571

Hours:  Weekdays, 8:30 a.m. – 5 p.m.

Closed: Saturdays and Sundays


Marlboro County

Marlboro County Economic Development Partnership

214 E. Market St.

Bennettsville, SC 29512

Hours: Weekdays, 8:30 a.m. - 5 p.m.

Closed Saturdays and Sundays

“The SBA is committed to facilitating economic recovery in this disaster.  We want area businesses, homeowners and renters to have a resource where they can meet individually with SBA representatives and find out how a low-interest disaster loan can help them recover,” said Kem Fleming, director of SBA’s Field Operations Center East in Atlanta.

Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  Applicants may be eligible for a loan increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes.  Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster.  Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

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

Interest rates are as low as 3.675 percent for businesses, 2.5 percent for nonprofit organizations and 2.0 percent for homeowners and renters with terms up to 30 years.  Loan amounts and terms are set by the 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

Disasterloan.sba.gov


. Applications and program information are available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing

disastercustomerservice@sba.gov

. Loan applications can also be downloaded at

www.sba.gov

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

The filing deadline to submit applications for physical property damage was

Dec. 5, 2018


.  The deadline for economic injury applications is

June 21, 2019


.



About the U.S. Small Business Administration


The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit


www.sba.gov




.


ATLANTA –

The U. S. Small Business Administration (SBA) is transitioning six Business Recovery Centers into Disaster Loan Outreach Centers effective Friday, Dec. 14.  The change is intended to encourage all disaster survivors to continue to meet face-to-face with Customer Service Representatives, obtain program information and receive help in submitting an SBA disaster loan application as well as provide assistance for those survivors with the SBA appeal process for declined applications.  The DLOCs will close operations on

Thur., Dec. 20

at the close of business.


ATLANTA –


Thur., Dec. 20

Businesses, homeowners and renters that sustained physical losses or economic injury due to Hurricane Florence from Sept. 8 through October 8, 2018 are encouraged to submit an SBA disaster loan application.  Even though the physical damage deadline was Dec. 5, survivors are encouraged to go to the SBA DLOCs that are currently open and speak with a SBA representative that can provide information about disaster loans, answer questions and help survivors in submitting a late application.  The Centers are located as indicated below.


All Disaster Loan Outreach Centers will close on Thursday, Dec. 20


All Disaster Loan Outreach Centers will close on Thursday, Dec. 20


Chesterfield County


Chesterfield County

Northeastern Technical College

1201 Chesterfield Highway

Building 200, Room 210

Cheraw, SC 29520

Hours:  Weekdays, 8:30 a.m. – 5 p.m.

Saturdays, 9 a.m. - 1 p.m.

Closed:  Sundays


Dillon County


Dillon County

City of Dillon Wellness Center

1647 Commerce Drive

Dillon, SC 29536

Weekdays, 8:30 a.m. – 5 p.m.

Closed:  Saturdays and Sundays


Florence County


Florence County

Florence Area SBDC

Florence-Darlington Technical College

Building Ready –SC, Room 2

2715 W. Lucas St.

Florence, SC 29502

Hours: Weekdays, 8:30 a.m. – 5 p.m.

Closed: Saturdays and Sundays


Horry County


Horry County

Conway Chamber of Commerce

203 Main St

Conway, SC 29526

Hours:  Weekdays, 9 a.m. – 5 p.m.

Saturdays, 9 a.m. - 1 p.m.

Closed:  Sundays


Marion County


Marion County

Marion County Administration Building

Room 118

2523 East Highway 76

Marion, SC 29571

Hours:  Weekdays, 8:30 a.m. – 5 p.m.

Closed: Saturdays and Sundays


Marlboro County


Marlboro County

Marlboro County Economic Development Partnership

214 E. Market St.

Bennettsville, SC 29512

Hours: Weekdays, 8:30 a.m. - 5 p.m.

Closed Saturdays and Sundays

“The SBA is committed to facilitating economic recovery in this disaster.  We want area businesses, homeowners and renters to have a resource where they can meet individually with SBA representatives and find out how a low-interest disaster loan can help them recover,” said Kem Fleming, director of SBA’s Field Operations Center East in Atlanta.

Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  Applicants may be eligible for a loan increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes.  Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster.  Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

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

Interest rates are as low as 3.675 percent for businesses, 2.5 percent for nonprofit organizations and 2.0 percent for homeowners and renters with terms up to 30 years.  Loan amounts and terms are set by the 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

Disasterloan.sba.gov


. Applications and program information are available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing

disastercustomerservice@sba.gov

. Loan applications can also be downloaded at

www.sba.gov

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

The filing deadline to submit applications for physical property damage was

Dec. 5, 2018


.  The deadline for economic injury applications is

June 21, 2019


.

Dec. 5, 2018


June 21, 2019



About the U.S. Small Business Administration



About the U.S. Small Business Administration



The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit


www.sba.gov




.

Related programs: Disaster