ATLANTA, Oct. 7, 2014 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced the opening of a Business Recovery Center Wednesday, October 8, 2014 to assist business owners in applying for low interest disaster loans. These loans are made available due to the SBA disaster declaration as a result of severe storms and flooding on Aug. 11-13, 2014 in Michigan.
The disaster declaration covers the counties of Macomb, Oakland and Wayne in Michigan which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private non-profit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Genesee, Lapeer, Livingston, Monroe, Saint Clair and Washtenaw in Michigan.
"Businesses with physical damages or loss of revenue resulting from the recent flooding should seriously consider visiting the Center and applying for an SBA disaster business loan," said Richard King, region director, Michigan Small Business Development Center for the Southeast Michigan Region.
The Center is located and opening as indicated below, until further notice:
Oakland County
Oakland County Executive Office Building 41 W
2100 Pontiac Lake Road
Waterford, MI 48328
Opens: Wednesday, October 8, 2014 at 8:30 a.m.
Hours: Monday – Friday, 8:30 a.m. to 5:00 p.m.
Closed: Monday, Oct 13 in recognition of Columbus Day
"SBA's Customer Service Representatives will be available at the Center to provide program information and assistance in completing disaster loan applications," said Frank Skaggs, director of SBA Field Operations Center East.
Additional information on the disaster loan program may be obtained by calling 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.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.
The filing deadline to return applications for physical property damage is November 24, 2014.
The deadline to return economic injury applications is June 25, 2015.
For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov/disaster.
Contact: Michael Lampton
Email: [email protected]
Phone: (404) 331-0333
Release Number: 15-018, MI 14132/14133
Logo - http://photos.prnewswire.com/prnh/20110909/DC65875LOGO
SOURCE U.S. Small Business Administration
Share this article