WASHINGTON – The U.S. Small Business Administration (SBA) today announced the opening of a Business Recovery Center (BRC) in Kings County, New York to help businesses affected by the remnants of Hurricane Ida. The BRC is located at Medgar Evers College, 231 Crown Street, Brooklyn, NY 11225. It will operate every day, 8 a.m. to 8 p.m., until further notice.
“The SBA is committed to the New York small business community’s economic recovery. We encourage any small business in an Ida-affected borough to meet with an SBA representative at a Business Recovery Center to learn how a low-interest disaster loan can help them recover,” said the SBA New York District Director Beth L. Goldberg.
The disaster declaration covers Bronx, Kings, Queens, Richmond, and Westchester counties in
New York, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Nassau, New York, Putnam and Rockland in
New York; Fairfield in Connecticut; and Hudson, Middlesex and Union in New Jersey.
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Business Recovery Center (BRC) Kings County Medgar Evers College 231 Crown Street Brooklyn, NY 11225 Sunday – Saturday, 8 a.m. – 8 p.m. (EDT) |
In accordance with precautions for COVID-19, the SBA established protocols to help protect the health and safety of the public. Visitors to the BRC are encouraged to wear a face mask. The Center is located at the address indicated below.
Businesses of all sizes 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. 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 sump pump, elevation, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.
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.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloanassistance.sba.gov/ela/s/, and should apply under SBA declaration # 17147, not for the COVID-19 incident.
To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.
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 emailing DisasterCustomerService@sba.gov. Loan applications can also be downloaded at sba.gov/disaster. Completed applications should be 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 Nov. 4, 2021. The deadline to return economic injury applications is June 6, 2022.
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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 sba.gov.