SBA to shut Enterprise Restoration Middle in Lower Off

The Small Enterprise Administration introduced Monday that it’s going to shut its Lower Off Enterprise Restoration Middle at 4 p.m. on Friday, Dec. 17.

Till the middle closes, SBA customer support representatives will proceed to fulfill with enterprise house owners to reply questions on SBA’s catastrophe mortgage program, clarify the applying course of, assist every particular person full their digital mortgage utility and shut their authorised loans. No appointment is critical.

The workplace is situated at Callais Workplace Provide, 14402 West Essential St., Lower Off. It is open Thursday and Friday, and is open from 9 a.m.-4 p.m.

SBA representatives are nonetheless accessible in any respect the SBA Enterprise Restoration Facilities and SBA Catastrophe Mortgage Outreach Facilities all through the affected areas to clarify SBA’s catastrophe mortgage program and assist enterprise house owners and residents shut their authorised catastrophe loans. For a listing of areas, or to obtain extra catastrophe help data, go to SBA’s web site at

Staff clear particles Oct. 1 from a constructing on Essential Avenue in downtown Houma wrecked by Hurricane Ida. The restaurant subsequent door has reopened.

To date, SBA has authorised $1,187,507,100 in federal catastrophe loans for Louisiana companies and residents.

Regardless that the deadline to use for a mortgage for property harm has handed, small companies, small agricultural cooperatives, small companies engaged in aquaculture and most non-public nonprofit organizations of any dimension nonetheless have till Could 31, 2022, to use for an financial damage catastrophe mortgage to assist meet working capital wants attributable to the catastrophe. Financial damage help is obtainable no matter whether or not the enterprise suffered any property harm.

Extra: FEMA has paid over $200 million to Terrebonne and Lafourche to assist with Ida restoration

Rates of interest will be as little as 2.855% for companies and a couple of% for personal nonprofit organizations with phrases as much as 30 years. Mortgage quantities and phrases are set by SBA and are primarily based on every applicant’s monetary situation.

Candidates might apply on-line, obtain extra catastrophe help data and obtain functions at Candidates may additionally name SBA’s Buyer Service Middle at (800) 659-2955 or electronic mail [email protected] for extra data on SBA catastrophe help. Accomplished functions must be mailed to U.S. Small Enterprise Administration, Processing and Disbursement Middle, 14925 Kingsport Highway, Fort Value, TX 76155.

This text initially appeared on The Courier: SBA to shut Enterprise Restoration Middle in Lower Off

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