ATLANTA
– The U.S. Small Business Administration (SBA) announced today, the Disaster Loan Outreach Center (DLOC) relocation from Public School 131, which closes on Tue., July 16 at 5 p.m. and re-opens at the Sunset Park Library on Wed., July 17 at 10 a.m.
“I encourage anyone who has not completed their disaster loan application to visit the center before the closing to meet with a Customer Service Representative for one-on-one assistance,” said Kem Fleming, director of Disaster Field Operations Center East.
The Center is located in the following community and is open as indicated:
Kings County
Sunset Park Library
4201 4th Ave.
Brooklyn, NY 11232
Opening: Wednesday, July 17 at 10 a.m.
Hours: Wednesday – Thursday, July 17-18 from 10 a.m. to 7 p.m.
Friday, July 19 from 10 a.m. to 6 p.m.
Saturday, July 20 from 10 a.m. to 2 p.m.
Closes: Saturday, July 20 at 2 p.m.
“Businesses and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets,” said SBA’s New York District Director Beth L. Goldberg.
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.
“Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property,” said Kem Fleming, center director of SBA’s Field Operations Center East in Atlanta.
Applicants may be eligible for a loan amount 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.
Interest rates are as low as 4 percent for businesses, 2.75 percent for nonprofit organizations, and 2.063 percent for homeowners and renters with terms up to 30 years. Loan amount 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 via SBA’s secure website at
DisasterLoan.sba.gov
.
Businesses and individuals may also obtain information and loan applications 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 the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to return applications for physical property damage is
Aug. 23, 2019
. The deadline to return economic injury applications is
March 24, 2020
.
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) announced today, the Disaster Loan Outreach Center (DLOC) relocation from Public School 131, which closes on Tue., July 16 at 5 p.m. and re-opens at the Sunset Park Library on Wed., July 17 at 10 a.m.
ATLANTA
“I encourage anyone who has not completed their disaster loan application to visit the center before the closing to meet with a Customer Service Representative for one-on-one assistance,” said Kem Fleming, director of Disaster Field Operations Center East.
The Center is located in the following community and is open as indicated:
Kings County
Kings County
Sunset Park Library
4201 4th Ave.
Brooklyn, NY 11232
Opening: Wednesday, July 17 at 10 a.m.
Hours: Wednesday – Thursday, July 17-18 from 10 a.m. to 7 p.m.
Friday, July 19 from 10 a.m. to 6 p.m.
Saturday, July 20 from 10 a.m. to 2 p.m.
Closes: Saturday, July 20 at 2 p.m.
“Businesses and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets,” said SBA’s New York District Director Beth L. Goldberg.
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.
“Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property,” said Kem Fleming, center director of SBA’s Field Operations Center East in Atlanta.
Applicants may be eligible for a loan amount 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.
Interest rates are as low as 4 percent for businesses, 2.75 percent for nonprofit organizations, and 2.063 percent for homeowners and renters with terms up to 30 years. Loan amount 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 via SBA’s secure website at
DisasterLoan.sba.gov
.
Businesses and individuals may also obtain information and loan applications 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 the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to return applications for physical property damage is
Aug. 23, 2019
. The deadline to return economic injury applications is
March 24, 2020
.
Aug. 23, 2019
March 24, 2020
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
.