ATLANTA – The U.S. Small Business Administration (SBA) announced today it will join with Hallandale Beach Police Athletic League (PAL) and My Hometown Organization on Wednesday, July 12 from
4:30 p.m. to 7:30 p.m. at Foster Park, 609 NW 6th Avenue, Hallandale Beach, FL 33009 to host a free Economic Recovery Workshop to assist businesses, non-profits and houses of worship apply for working capital to provide disaster assistance for financial losses from the April, 2023 severe storms, tornadoes and flooding in Broward County.
“Hallandale Beach Police Athletic League and My Hometown Organization are pleased to collaborate with SBA on the free Resource Workshop, which aims to provide valuable resource information to businesses, non-profits and houses of worship who have been adversely impacted, said Eve Paul, Community Outreach Director.”
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Broward County
Foster Park Hallandale Beach, FL 33009
Hours: Wednesday, July 12, 4:30 pm to 7:30 pm. |
At the workshop, SBA Customer Service Representatives will be available to answer questions, help businesses apply for Disaster Loans, help upload documents, check an application’s status, and assist in completing reconsideration requests for the SBA Disaster Loan Program.
Interest rates are as low as 4 percent for businesses and 2.375 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 https://disasterloanassistance.sba.gov/ela/s/ and should apply under SBA declaration # 17902.
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 deadline to return economic injury applications is Jan. 29, 2024.
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About the U.S. Small Business Administration
Recently, U.S. SBA Administrator Isabella Casillas Guzman announced a policy change granting 12 months of no payments and 0 percent interest. This pertains to all disaster loans approved in response to disasters declared on or after Sept. 21, 2022, through Sept. 30, 2023. This policy change will benefit disaster survivors and help them to decrease the overall cost of recovery by reducing the amount of accrued interest they must repay. Details are available through the SBA Disaster Assistance Customer Service Center at 800-659-2955. Individuals with verbal or hearing impairments may dial 7-1-1 to access telecommunications relay services from 8 a.m. to 8 p.m. ET, Monday to Friday, or email: DisasterCustomerService@sba.gov.
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.