From the Wires
SBA Announces New Year's Day Closing of Business Recovery Centers in New Jersey
By: PR Newswire
Dec. 29, 2012 03:49 PM
ATLANTA, Dec. 29, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced today that its Business Recovery Centers throughout New Jersey will continue to provide prompt one-on-one, face-to-face assistance for survivors of Hurricane Sandy during the holiday season.
These Centers are staffed by SBA Customer Service Representatives that can answer questions, help with the application process and assist those applicants who want to apply on-line to complete the Electronic Loan Application.
SBA's low-long term disaster loans may provide recovery funds even ahead of receiving an insurance settlement. There is no cost to apply or obligation to take a loan if offered. SBA's disaster business loans are available for amounts up to $2 million for real estate repairs, business content replacements and working capital. Interest rates are as low as 4% for businesses and 3% for non-profit organization. The maximum loan term is 30 years and payments do not begin immediately.
Business applicants may meet with an SBA Customer Service Representative at any Business Recovery Center. The hours of operations are indicated below:
Cape May County
Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.
Additional details on the locations of recovery centers and the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to email@example.com. 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 property damage is extended to
For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.
Release Number: 13 – 161, NJ 13367/13368
CONTACT: Jelani Miller,
SOURCE U.S. Small Business Administration
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