(WTVQ/press release) –
The US Small Business Administration (SBA) today announced that two Business Recovery Centers (BRCs) will open on Monday, August 15, in Elkhorn and Bersey, Kentucky. These BRCs are working to provide one-on-one assistance in filing disaster loan applications for Kentucky businesses affected by the severe storms, floods, landslides and landslides that began July 26. was established in
The disaster declaration covers Breathitt, Clay, Floyd, Knott, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike, and Whitley counties. kentucky, is eligible for both a Physical and Economic Injury Disaster Loan (EIDL) from SBA. Small businesses and most private nonprofits in the following contiguous counties: Bell, Harlan, Jackson, Johnson, Knox, Laurel, Lawrence, Lee, McCreery, Morgan, and Wolfe are eligible for SBA Economic Injury Disaster Loans (EIDLs) only. I am eligible to apply. kentucky; Campbell and Claiborne Tennessee; Buchanan, Dickenson, Wise Virginiaand Mingo and Wayne west virginia.
To assist small businesses and nonprofits in applying for disaster loans, SBA’s Business Recovery Center is open as indicated below until further notice.
| SBA Business Recovery Center
Clay County Eastern Kentucky University – Manchester 50 University Drive Manchester, Kentucky 40962 time: Daily, 9am-7pm |
SBA Business Recovery Center
Letcher County Appalachian Groundswell 229 East Main Street Whitesburg, Kentucky 41858 time: Daily, 9am-7pm |
| SBA Business Recovery Center
Perry County Hazard Community and Technical College Jolly Classroom Center 1 Community College Drive time: Daily, 9am-7pm |
SBA Business Recovery Center
pike county Elkhorn Public Library 150 East Main Street Elkhorn, Kentucky 41522 open: August 15 (Monday) time: Daily, 9am-7pm |
| SBA Business Recovery Center
pike county Vesta Roberts Johnson Memorial Library 180 Hwy 610 West Burgee, KY 41572 open: Monday, August 15th time: Daily, 9am-7pm |
Due to the ongoing COVID-19 pandemic, SBA has established protocols to protect public health and safety. All visitors to the BRC are encouraged to wear face masks.
As noted above, BRC has customer service representatives on hand to answer questions about the Disaster Loan Program and assist business owners in completing applications. Due to the ongoing COVID-19 pandemic, SBA has established protocols to protect public health and safety. All visitors to the BRC are encouraged to wear face masks.
Businesses and private nonprofit organizations of all sizes can borrow up to $2 million to repair or replace real estate, machinery and equipment, inventory, and other business assets damaged or destroyed by a disaster. Applicants may be eligible for a loan amount increase of up to 20% of physical damage, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements may include secure rooms or storm shelters, drainage pumps, elevations, retaining walls, and landscaping to help protect property and residents from future damage caused by similar hazards. I have.
For small businesses, small agricultural cooperatives, small businesses involved in aquaculture, and most private non-profit organizations, SBA provides Economic Injury Disaster Loans to meet their working capital needs caused by disasters. helps. Financial damage disaster loan assistance is available regardless of whether your business has suffered property damage.
Homeowners can avail disaster loans of up to $200,000 to repair or replace property damaged or destroyed in a disaster. Homeowners and renters are eligible to receive up to $40,000 to repair or replace private property damaged or destroyed in the disaster.
To be eligible for any form of disaster assistance, applicants must register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is not available, applicants should call her FEMA toll-free helpline at 800-621-3362. For 711 relay or video relay services, call 800-621-3362.
Applicants can apply online using the Electronic Loan Application (ELA) through SBA’s secure website (https://disasterloanassistance.sba.gov/ela/s/) and comply with SBA Proclamation # 17546. You must apply below.
Disaster Loan information and applications are also available by calling the SBA Customer Service Center at 800-659-2955 (7-1 if you are deaf, hard of hearing, or have a speech impediment). dial -1 to access the communication relay). services), or email DisasterCustomerService@sba.gov. A loan application can be downloaded from the SBA website at sba.gov/disaster. Completed applications must be mailed to the U.S. Small Business Administration, Processing and Payment Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Physical Loan Application Deadline Expired September 28, 2022The deadline for returning the economic damage claim is May 1, 2023.
Comments
Post a Comment