SACRAMENTO, Calif.
– Three Disaster Recovery Centers will convert to U.S. Small Business Administration Disaster Loan Outreach Centers. Beginning Monday July 9, the centers in Kailua and Kapaa will operate as SBA Disaster Loan Outreach Centers followed by the center in Koloa on Thurs., July 12.
“At this stage of the recovery process, the emphasis is to meet the long-term needs of businesses and individuals that were impacted by the severe storms, flooding, landslides and mudslides that occurred April 13 – 16, 2018,” said SBA’s Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West. “The transition of these three centers to SBA Disaster Loan Outreach Centers will meet the current needs of Honolulu and Kauai County residents.”
“SBA customer service representatives will continue to answer questions, explain the application process, help businesses and individuals apply for a low-interest disaster loan and close their approved disaster loans,” Garfield continued. The DLOCs will be open on the days and times indicated. No appointment is necessary.
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HONOLULU COUNTY
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KAUAI COUNTY
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KAUAI COUNTY
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HONOLULU COUNTY
Mondays – Sundays |
KAUAI COUNTY
Mondays – Sundays |
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 to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.
SBA provides federal low-interest disaster loans up to $200,000 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 3.58 percent for businesses, 2.5 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.
To be considered for all forms of disaster assistance, survivors must first register with the Federal Emergency Management Agency at
www.disasterassistance.gov
.
Applicants may apply online, receive additional disaster assistance information and download applications at
https://disasterloan.sba.gov/ela
. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email
disastercustomerservice@sba.gov
for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to apply for property damage is Aug. 27, 2018. The deadline to apply for economic injury is March 27, 2019.