SBA Business Recovery Centers Closing October 11; Submit Your Disaster Loan Application Electronically For Quicker Decision
ATLANTA, Oct. 10, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced that their Business Recovery Centers at the following locations in Mississippi will cease operations at the close of business Thursday, Oct. 11:
Hancock Chamber of Commerce
111 Court Street
Bay St. Louis, MS 39520
Hours: 9 a.m. to 5 p.m.
SBA Gulfport Branch Office
Hancock Bank Plaza
2510 14th Street, Suite 103
Gulfport, MS 39501
Hours: 8 a.m. to 4:30 p.m.
Moss Point Old City Hall Building
4412 Denny Street
Moss Point, MS 39563
Hours: 9 a.m. to 5 p.m.
Homeowners, renters and businesses are encouraged to submit their SBA disaster loan application for their uninsured losses as soon as possible in order to meet the Oct. 31 filing deadline for physical losses.
The easiest way to file an application for SBA disaster assistance is to complete the application on-line. The process is a user-friendly way for homeowners, renters and businesses to apply for a disaster loan for Hurricane Isaac damages. The online program checks for errors, prompts for more information when needed and provides a quicker decision than the hand-written applications. Visit https://disasterloan.sba.gov/ela to apply online.
Interest rates are as low as 1.688 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant's financial condition.
Disaster loan information and application forms may also be obtained by calling the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to firstname.lastname@example.org. Loan applications can be downloaded from www.sba.gov. 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 applications for physical damage is October 31, 2012. The deadline to return economic injury applications is May 30, 2013.
For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.
Contact: Michael Lampton
Release Number: 13-017, MS 13273/13274
SOURCE U.S. Small Business Administration