Disaster press release IN 15512

IN 15512 - SBA Closes Business Recovery Center in Indiana

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ATLANTA – The U. S. Small Business Administration (SBA) announced today that due to a steady decrease in activity, the Business Recovery Center (BRC) in Elkhart will cease operations on Thursday, June 28, 2018 at 5 p.m .  SBA encourages businesses affected by the severe storms and flooding from Feb. 14 through March 4 to visit the Center before it closes. The Center is located as shown below:

Elkhart County

Concord Fire Department

23625 CR 18

Elkhart, IN 46516

Hours: Monday – Friday, 8 a.m. – 5 p.m.

Closed: Saturday and Sunday

Closing: Thursday, June 28 at 5 p.m.

Businesses and private non-profit 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.  For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes, 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.

The loan amount can be up to $2 million with interest rates of 3.58 percent for small businesses percent and 2.5 percent for private nonprofit organizations with terms up to 30 years.  The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

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 .  Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov .  Loan applications can be downloaded from www.sba.gov .

Completed applications should be returned and 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 is July 5, 2018 .  The deadline for economic injury applications is Feb. 5, 2019.

ATLANTA – The U. S. Small Business Administration (SBA) announced today that due to a steady decrease in activity, the Business Recovery Center (BRC) in Elkhart will cease operations on Thursday, June 28, 2018 at 5 p.m .  SBA encourages businesses affected by the severe storms and flooding from Feb. 14 through March 4 to visit the Center before it closes. The Center is located as shown below:

ATLANTA – Thursday, June 28, 2018 at 5 p.m

Elkhart County

Elkhart County

Concord Fire Department

23625 CR 18

Elkhart, IN 46516

Hours: Monday – Friday, 8 a.m. – 5 p.m.

Hours:

Closed: Saturday and Sunday

Closed:

Closing: Thursday, June 28 at 5 p.m.

Closing:

Businesses and private non-profit 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.  For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes, 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.

The loan amount can be up to $2 million with interest rates of 3.58 percent for small businesses percent and 2.5 percent for private nonprofit organizations with terms up to 30 years.  The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

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 .  Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov .  Loan applications can be downloaded from www.sba.gov .

Completed applications should be returned and 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 is July 5, 2018 .  The deadline for economic injury applications is Feb. 5, 2019.

July 5, 2018 Feb. 5, 2019.

Related programs: Disaster