ATLANTA – The U.S. Small Business Administration (SBA) announced today it will relocate its existing Business Recovery Center (BRC) in East Providence to a new location beginning Monday, Jan. 29, to assist Rhode Island businesses affected by the Washington Bridge closure that began Dec. 11, 2023.
SBA’s Customer Service Representatives will be available at the new location to answer questions about the disaster loan program and help business owners complete their applications.
The BRC address and hours of operation are as follows:
SBA Business Recovery Center (BRC)
Providence County
City of East Providence City Hall
145 Taunton Ave.
East Providence, RI 02914
Opening Monday, Jan. 29, from noon – 4 p.m.
Regular hours:
Monday to Thursday - 8 a.m.-4 p.m.
Friday - 8 a.m. – 1 p.m.
Saturday and Sunday - Closed
SBA Business Recovery Center (BRC)
Providence County
Weaver Library- East Providence Public Library
41 Grove Ave.
East Providence, RI 02914
Closing permanently Friday, Jan. 26 at 4 p.m.
Interest rates are 4 % for businesses and 2.375% 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. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement.
Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster . 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.
The filing deadline to return economic injury loan applications is Sept. 16, 2024.
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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.