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 Hazelwood Disaster Loan Outreach Center in Saint Louis County at 6 p.m. on Monday, Nov. 21, 2022.
“SBA opened the center to provide personalized assistance to Missouri businesses and residents who were affected by the severe storms and flooding that occurred July 25-28, 2022. Until the Hazelwood center closes, 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.
So far, SBA has approved 84 disaster business loans for $5,836,800 and 945 disaster loans for homeowners and renters for $26,564,900. (As of Monday, November 14, 2022)
Businesses and residents can meet with SBA representatives on the days and times indicated below. No appointment is necessary.
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SAINT LOUIS COUNTY Disaster Loan Outreach Center Hazelwood Civic Center (Located in the Game Room) 8969 Dunn Road Hazelwood, MO 63042 Mondays - Fridays, 9 a.m. – 6 p.m. Closes 6 p.m. Monday, November 21 |
Even though the deadline to apply for a loan 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 May 8, 2023, 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. Business owners may apply online using SBA’s secure website at https://disasterloanassistance.sba.gov/.
Interest rates are 2.935 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.
To receive additional disaster assistance information, visit SBA’s website at www.sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information. 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 helps power the American dream of business ownership. 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, 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.