SBA OPENS DISASTER LOAN OUTREACH CENTERS IN NOWATA, WASHINGTON COUNTIES
OKLAHOMA CITY - Federal and state disaster officials announced today that the U.S. Small Business Administration (SBA) will open Disaster Loan Outreach Centers in Bartlesville and South Coffeyville to assist residents and business owners in Nowata and Washington counties in applying for low-interest disaster loans. The centers will assist those impacted by the recent severe storms, flooding and tornadoes.
Oklahoma State Coordinating Officer Fred W. Liebe said, “Washington and Nowata Counties’ residents will have direct access to SBA customer service representatives through these SBA Disaster Loan Outreach Centers.”
SBA representatives will provide individuals and business owners with face-to-face service in completing their loan applications, answering questions about SBA’s loan program, and explaining how an SBA disaster loan can help pay for their disaster losses.
The centers will be located in the following communities and open on the indicated days and times:
Bartlesville Public Library
600 S. Johnstone
Bartlesville, OK 74003
Mondays, Tuesdays and Wednesdays ONLY
9 a.m. – 6 p.m.
Opening Monday, July 30, 2007
New City Hall
419 Willow St.
South Coffeyville, OK 74072
Thursdays and Fridays ONLY
9 a.m. – 6 p.m.
Opening Thursday, Aug. 2, 2007
Low-interest disaster loans from SBA are available to homeowners, renters, businesses of all sizes, and private, non-profit organizations whose property was damaged or destroyed by the recent storms. Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Businesses of any size and private non-profit organizations may borrow up to $1.5 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA can also lend additional funds to help with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses only, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.
Residents and business owners in the Oklahoma counties of Nowata, Washington, Ottawa, Comanche, and Pottawatomie are eligible to apply for these disaster loans. Small businesses located in counties that share a border with one of these counties are also eligible to apply for SBA economic injury loans.
Federal Coordinating Officer, Philip E. Parr said, “Help with questions on federal and state disaster assistance is just a phone call away. The FEMA toll-free numbers are available to help residents who have questions about their FEMA claims or damages.” To register with FEMA residents and business owners may call 1-800-621-FEMA (3362) or online at www.fema.gov. The TTY number is 1-800-462-7585 for the hearing- or speech-impaired. The toll-free lines are operated from 7 a.m. to 8 p.m. (CDT) seven days a week until further notice.
Applicants with questions concerning their SBA disaster loan applications who are unable to visit a Disaster Loan Outreach Center or Disaster Recovery Center may call the SBA Customer Service Center at 1-800-659-2955 for SBA information and assistance or visit the SBA website at www.sba.gov/services/disasterassistance.
The filing deadline to return applications for property damage is Sept. 5, 2007. The deadline to return economic injury applications is April 8, 2008.