SBA’s Business Recovery Center and Disaster Loan Outreach Center to Close Thursday, March 17
SACRAMENTO, Calif. – Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA has approved more than $8 million in federal disaster loans for Washington businesses and residents impacted by severe storms, straight-line winds, flooding, landslides and mudslides that occurred Nov. 5 - Dec. 2, 2021. According to Garfield, SBA has approved $1,009,300 for businesses and $7,963,600 for residents to help rebuild and recover from this disaster. SBA will continue to operate its Business Recovery Center and Disaster Loan Outreach centers until Thursday, March 17.
Until the centers close, SBA customer service 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.
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SKAGIT COUNTY Disaster Loan Outreach Center Old Sedro-Woolley Library 802 Ball Street Sedro-Wooley, WA 98284 Mondays, Wednesdays, Thursdays and Fridays 9 a.m. - 6 p.m. Tuesdays, 11 a.m. - 8 p.m. Closes 6 p.m. Thursday, March 17 |
WHATCOM COUNTY Business Recovery Center Everson Mercantile Building 126 West Main Street Everson, WA 98247 Mondays - Fridays, 9 a.m. - 6 p.m. Closes 6 p.m. Thursday, March 17 |
Even though the deadline to apply for assistance for property damage has passed, small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size still have until Oct. 5, 2022, to apply for an Economic Injury Disaster Loan to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.
Interest rates can be as low as 2.83 percent for businesses and 1.875 percent for private nonprofit organizations 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://disasterloanassistance.sba.gov/. 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. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
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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 www.sba.gov.