ATLANTA – The U.S. Small Business Administration (SBA) announced today that its Business Recovery Center located in Jackson, Miss., will continue operating through 4 p.m. Monday, Oct. 31, an extension of more than three weeks. SBA opened the center to help Mississippi small businesses and nonprofit organizations affected by the Jackson Water Crisis that began Aug. 30.
“I encourage anyone who has not completed their disaster loan application to visit the center before the closing to meet with an SBA customer service representative for one-on-one assistance,” said Kem Fleming, director of SBA’s Field Operations Center East.
The Business Recovery Center is located in Jackson as indicated below:
SBA Business Recovery Center (BRC)
Hinds County
Old Chamber of Commerce Building
201 South President Street
Jackson, MS 39201
Hours: Monday – Friday, 9 a.m. – 6 p.m.
Open: Saturdays, 10 a.m. – 2 p.m.
Open: Columbus Day, Monday, Oct. 10
Closed: Sundays
Closes Permanently: Monday, Oct. 31 at 4 p.m.
Customer Service Representatives will be available at the BRC to answer questions about the disaster loan program and help business owners complete their applications. Due to the ongoing COVID-19 pandemic, the SBA has established protocols to help protect the health and safety of the public. All visitors to the BRC are encouraged to wear a face mask.
“For eligible applicants, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster,” said SBA’s Mississippi District Director Janita R. Stewart.
Interest rates are 3.04 percent for businesses and 1.875 percent for nonprofit organizations, with terms up to 30 years. Loan amounts 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 (ELA) via SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s and should apply under SBA declaration # 17621.
Disaster loan information and application forms can also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (if you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services) or sending an email to DisasterCustomerService@sba.gov. Loan applications can also be downloaded from 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 economic injury applications is June 14, 2023.
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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 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.