SACRAMENTO, Calif. – Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration, announced today that SBA will close its Marietta Portable Loan Outreach Center at 5 p.m. on Friday, May 17.
“SBA opened the center to provide personalized assistance to Oklahoma businesses and residents who were affected by severe storms, straight‑line winds, tornadoes and flooding that began on April 25. Until the Marietta 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 Sánchez.
Businesses and residents can meet with SBA representatives on the days and times indicated below. No appointment is necessary.
LOVE COUNTY
Portable Loan Outreach Center
Love County Library – Parking Lot
500 US-77
Marietta, OK 73448
Mondays – Fridays, 9 a.m. – 5 p.m.
Closes 5 p.m. Friday, May 17
SBA representatives continue to be available at the following SBA Business Recovery Center and federal/State Disaster Recovery Center to meet with businesses and residents to answer their questions, explain SBA’s disaster loan program and close their approved disaster loans:
MURRAY COUNTY
Business Recovery Center
Mary Parker Memorial Library
500 W Broadway Ave.
Sulphur, OK 73086
Mondays - Fridays, 9 a.m. – 5:30 p.m.
Saturdays, 10 a.m. – 1 p.m.
MURRAY COUNTY
Disaster Recovery Center
Murray County Extension Office
3490 State Hwy 7 West
Sulphur, OK 73086
Mondays - Sundays, 7 a.m. – 7 p.m.
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize disaster damage from occurring in the future.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.
Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.
Interest rates can be as low as 4 percent for businesses, 3.25 percent for private nonprofit organizations and 2.688 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first 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 deadline to apply for property damage is July 1, 2024. The deadline to apply for economic injury is Jan. 30, 2025.
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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.