SACRAMENTO, Calif.
– Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA will close its Disaster Loan Outreach Centers in Honolulu and Kauai counties. On Wednesday, July 18, at 6 p.m. the centers in Kailua and Kapaa will close. On Friday, July 20, at 5 p.m. the center in Koloa will close.
“SBA opened the centers to provide personalized assistance to businesses and residents who were impacted by the severe storms, flooding, landslides and mudslides that occurred April 13 – 16, 2018. Until the Kailua, Kapaa and Koloa centers close, SBA representatives will continue to be available to meet with businesses and residents to answer their questions, explain SBA’s disaster loan program and close their approved disaster loans,” said Garfield. No appointment is necessary.
HONOLULU COUNTY
Disaster Loan Outreach Center
Keolu Elementary School
1416 Keolu Drive
Kailua, HI 96734
Monday – Friday, 9 a.m. - 6 p.m.
Closes 6 p.m. Wednesday, July 18
KAUAI COUNTY
Disaster Loan Outreach Center
Kapaa Elementary School
Cafeteria
4886 Kawaihau Road
Kapaa, HI 96746
Monday – Wednesday, 9 a.m. - 6 p.m.
Closes 6 p.m. Wednesday, July 18
KAUAI COUNTY
Disaster Loan Outreach Center
Koloa Elementary School
Humanities Room
3223 Poipu Road
Koloa, HI 96756
Thursday – Friday, 8 a.m. - 5 p.m.
Closes 5 p.m. Friday, July 20
SBA representatives will continue to be available at the Disaster Recovery Centers in Honolulu County and Kauai County to answer questions, explain the application process and help businesses and individuals apply for a disaster loan on the days and times indicated. No appointment is necessary.
HONOLULU COUNTY
Disaster Recovery Center
Aina Haina Elementary School, Media Room
801 West Hind Drive
Honolulu, HI 96821
Mondays – Sundays, 9 a.m. – 7 p.m.
Beginning Monday, July 16
Mondays – Fridays, 9 a.m. – 6 p.m.
Saturdays, 9 a.m. – 4 p.m.
Closed Sundays
KAUAI COUNTY
Disaster Recovery Center
Hanalei Elementary School, Cafeteria
5-5415 Kuhio Highway
Hanalei, HI 96714
Mondays – Sundays, 9 am. – 6 p.m.
Beginning Monday, July 16
Mondays – Fridays, 9 a.m. – 6 p.m.
Saturdays, 9 a.m. – 4 p.m.
Closed Sundays
SBA’s low-interest federal disaster loans are available to 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 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 offers 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.
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.
To receive additional disaster assistance information, visit SBA’s website at
. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email
disastercustomerservice@sba.gov
for more information. 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.