Deadline to Apply for SBA Disaster Loans is January 15; SBA Centers Closing December 19

ATLANTA, Dec. 14, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations of the Jan. 15 deadline to submit disaster loan applications for physical damages due to Hurricane Sandy.  The SBA also announced that their remaining Recovery Centers in Rhode Island will cease operations at the close of business Wednesday, Dec. 19.

(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO )

Center locations and hours of operations are:

Washington County

Business Recovery Center                           Disaster Loan Outreach Center
Westerly Chamber of Commerce                 Misquamicut Volunteer Fire Station
1 Chamber Way                                                65 Crandall Avenue
Westerly, RI 02981                                           Westerly, RI 02891
Hours: Weekdays, 9 a.m. to 5 p.m.               Hours: Weekdays, 9 a.m. to 6 p.m.

"Taking time to complete and return the disaster loan application to the SBA is an important part of the recovery process. We encourage all affected businesses, homeowners and renters, and non-profits in Washington and Newport counties to apply by the deadline," said Mark Hayward, district director of SBA's Rhode Island district office.

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.

Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

Disaster loan information and application forms may 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 [email protected].  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 January 15, 2013.  The deadline to return economic injury applications is August 14, 2013.

For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.

Contact: Michael Lampton
Phone: (404) 331-0333

Release Number: 13-140, RI 13387/13388  

SOURCE U.S. Small Business Administration

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED