EXTON, PA — Companies and personal nonprofits who had harm throughout Hurricane Ida’s current disastrous transfer by way of Chester County can apply for federal SBA loans at a middle in Exton.
The U.S. Small Enterprise Administration introduced the opening of a 3rd Enterprise Restoration Middle in Pennsylvania within the wake of Hurricane Ida, and the placement is on the Chester County Financial Improvement Council (CCEDC).
The brand new SBA Enterprise Restoration Middle opened Wednesday at CCEDC’s headquarters at 737 Structure Drive, Exton. It’s open Monday by way of Friday, 8:30 a.m. to 4:30 p.m. The middle will assist companies submit catastrophe mortgage purposes for damages as a result of remnants of Hurricane Ida that handed by way of the area and triggered flooding and different harm between Aug. 31 to Sept. 5, 2021.
Customer support representatives can be found to reply questions concerning the catastrophe mortgage program and to work one-on-one with enterprise house owners in finishing their purposes, a information assertion defined.
“At CCEDC, our mission for greater than 60 years has been to assist maintain and develop native companies, whether or not by offering companies straight or bringing collectively the companions and connections wanted to get the job finished,” stated Gary Smith, CCEDC President and CEO.
The Chester County Financial Improvement Council is a personal, non-profit financial improvement group selling good development in Chester County and the encircling area for greater than 60 years. The CCEDC supplies confirmed financing options, cultivates workforce expertise, leverages enterprise partnerships, and fosters entrepreneurial collaboration.
“Our relationship with SBA has been robust over many many years. We’re glad to open our doorways to them and provide something they want as all of us work to deliver consolation and assist to firms on this time of adversity,” Smith added.
Companies and personal nonprofit organizations of any dimension might borrow as much as $2 million to restore or change disaster-damaged or destroyed actual property, equipment and tools, stock and different enterprise property. Particulars on mortgage eligibility and necessities will be discovered right here.
Due to the pandemic, the SBA has established protocols to assist defend the well being and security of the general public at SBA Enterprise Restoration Facilities, a information launch stated. All guests are inspired to put on a face masks.
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