ATLANTA – The U.S. Small Business Administration (SBA) announced today that the Business Recovery Centers (BRCs) in St. Croix and St. Thomas, VI will close for Presidents’ Day on Monday, Feb. 19 and will reopen on Tuesday, Feb. 20, at 8 a.m.
SBA representatives at the Centers can provide information about disaster loans, answer questions and help businesses in completing the SBA application. The Centers are located and open as indicated below:
SBA Business Recovery Centers (BRC)
Hours: Monday - Friday, 8 a.m. - 5 p.m.; Saturday, 9 a.m. - 2 p.m. AST
Closed on Monday, February 19 (Presidents’ Day)
St. Croix
Small Business Development Center
4100 Sion Farm Shopping Center, Suite 16
Christiansted St. Croix, VI 00820
St. Thomas
Small Business Development Center
University of the Virgin Islands
St. Thomas, VI 00802
SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster. Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters. Loan terms can be up to 30 years.
Economic injury disaster loans are also available to provide disaster related working capital to small businesses and most private nonprofit organizations. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.
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 Disasterloan.sba.gov . Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. For more information about SBA recovery assistance, visit www.sba.gov/disaster .
The filing deadline to submit applications for physical property damage for Hurricanes Irma and Maria expired on Jan. 8, 2018. The deadline for economic injury applications is June 7, 2018 for Hurricane Irma and June 20, 2018 for Hurricane Maria.
ATLANTA – The U.S. Small Business Administration (SBA) announced today that the Business Recovery Centers (BRCs) in St. Croix and St. Thomas, VI will close for Presidents’ Day on Monday, Feb. 19 and will reopen on Tuesday, Feb. 20, at 8 a.m.
ATLANTA –
SBA representatives at the Centers can provide information about disaster loans, answer questions and help businesses in completing the SBA application. The Centers are located and open as indicated below:
SBA Business Recovery Centers (BRC)
SBA Business Recovery Centers (BRC)
Hours: Monday - Friday, 8 a.m. - 5 p.m.; Saturday, 9 a.m. - 2 p.m. AST
Hours: Monday - Friday, 8 a.m. - 5 p.m.; Saturday, 9 a.m. - 2 p.m. AST
Closed on Monday, February 19 (Presidents’ Day)
Closed on Monday, February 19 (Presidents’ Day)
St. Croix
St. Croix
Small Business Development Center
4100 Sion Farm Shopping Center, Suite 16
Christiansted St. Croix, VI 00820
St. Thomas
St. Thomas
Small Business Development Center
University of the Virgin Islands
St. Thomas, VI 00802
SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster. Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters. Loan terms can be up to 30 years.
Economic injury disaster loans are also available to provide disaster related working capital to small businesses and most private nonprofit organizations. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.
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 Disasterloan.sba.gov . Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. For more information about SBA recovery assistance, visit www.sba.gov/disaster .
The filing deadline to submit applications for physical property damage for Hurricanes Irma and Maria expired on Jan. 8, 2018. The deadline for economic injury applications is June 7, 2018 for Hurricane Irma and June 20, 2018 for Hurricane Maria.
June 7, 2018 June 20, 2018