ATLANTA – The U.S. Small Business Administration (SBA) announced the opening of two Business Recovery Centers (BRCs) in Henrico and Richmond counties to assist small businesses and private nonprofit (PNP) organizations who sustained economic losses caused by severe storms resulting in power outage and boil water advisory occurring Jan. 5-11.
Beginning Tuesday, April 22, SBA customer service representatives will be on hand at the BRCs to answer questions about SBA’s disaster loan program, explain the application process and help individuals complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.
The BRCs hours of operation are listed below.
Business Recovery Center (BRC)
Henrico County
North Park Library
8508 Franconia Road
Richmond, VA 23227
Opening: Tuesday, April 22, 11 a.m. to 4:30 p.m.
Hours: Monday, Tuesday, Friday, 10 a.m. to 4:30 p.m.
Wednesday, 11:30 a.m. to 4:30 p.m.
Thursday, 1 p.m. to 4:30 p.m.
Saturday, 10 a.m. to 1:30 p.m.
Closed: Sunday
Permanently Closing: May 3, 11 a.m. to 3:30 p.m.
Business Recovery Center (BRC)
City of Richmond
Richmond Public Library
101 E. Franklin Street
Richmond, VA 23219
Opening: Tuesday, April 22, 10 a.m. to 6 p.m.
Hours: Monday – Friday, 9 a.m. to 6 p.m.
Saturday, 10 a.m. to 2 p.m.
Closed: Sunday
Permanently Closing: May 6, 9 a.m. to 5 p.m.
“SBA’s Business Recovery Centers have consistently proven their value to business owners following a disaster,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “Business owners can visit these centers to meet face-to-face with specialists who will guide them through the disaster loan application process and connect them with resources to support their recovery.”
The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives and private nonprofit (PNP) organizations with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.
EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.
Small businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
Interest rates are as low as 4% for businesses and 3.625% for nonprofits, with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.
To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to 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 for returning applications for economic injury is Jan. 9, 2026.
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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.