The U.S. Small Business Administration said low-interest federal disaster loans are now available to businesses affected by Louisiana businesses and hurricanes in Africa.
The loans came as a result of President Beden’s big disaster statement, the SBA. Administrator Isabella Casilas Guzman announced on Tuesday.
Description Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. St. Martin, St. Mary’s, St. Tammani, Tangipahowa, Terebon, Washington, West Baton Rouge and West Felix and Debre.
“The team led by SBA is ready to help residents affected by small businesses and Hurricane Ida,” said Guzman. We are committed to providing federal disaster loans quickly and efficiently with a customer-centered approach to rehabilitating and rebuilding businesses and communities.
On Tuesday, August 31, SBA will set up a Virtual Business Recovery Center to provide personal support to business owners in the wake of the cholera epidemic. In addition, SBA opens a Virtual Disclosure Extension Center to help homeowners and tenants.
Customer service representatives are available to business owners and individuals to answer questions about the SBA loan program, explain the application process and complete the electronic loan application.
Virtual Business Recovery Center and
Virtual Risk Loan Expansion Center
Monday – Sunday (7 days / week)
8pm – 8pm Eastern time
Up to $ 2 million can be borrowed to repair or replace damaged or damaged real estate, machinery and equipment, goods and other commercial assets of all sizes and private nonprofits. SIS says it can lend more money to businesses and homeowners to help with the cost of improvements to prevent, prevent, or reduce the risk of some kind of disaster in the future.
For Small Businesses, Small Agricultural Cooperatives, Small Businesses and Small Businesses of any size, SBA provides Economic damage risk loans To help meet the needs of working capital due to the accident. Business damage is available to businesses regardless of property damage.
Up to $ 200,000 in emergency loans are available to homeowners to repair or replace damaged or damaged real estate. Homeowners and tenants are eligible for up to $ 40,000 to repair or replace damaged or damaged personal property.
Interest rates could be as high as 2,855 percent for businesses, 2 percent for nonprofits, and 1.563 percent for homeowners and tenants under a 30-year lease. Loan rates and terms are set by the SBA and are based on the financial situation of each applicant.
For all types of emergency assistance to be considered, survivors must first contact the Federal Emergency Management Agency. www.disasterassistance.gov. Applicants must apply online, receive additional emergency information, and apply at https://disasterloanassistance.sba.gov/.
Applicants can contact the SBA Customer Service Center at (800) 659-2955 or by email firstname.lastname@example.org For more information on SBA emergency assistance.
Individuals who are deaf or hard of hearing can call (800) 877-8339.
Completed applications must be mailed to the US Small Business Administration, Process & Distribution Center, 14925 KingSport Road, Fort Worth, TX 76155.
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