SBA Business Recovery Centers closed for Thanksgiving Day
ATLANTA – The U.S. Small Business Administration (SBA) announced Monday that SBA Business Recovery Centers (BRCs) in South Carolina will close on Thursday in recognition of the Thanksgiving Day holiday.
The BRCs located in Florence, Dillon, Marlboro and Chesterfield counties will reopen Friday, and the BRC located in Marion County will reopen Monday.
Also, the Dillon County BRC located at the City of Dillon Wellness Center, 1647 Commerce Dr., Dillon, began new office hours Monday. The new hours are 8:30 a.m. to 5 p.m. Monday through Friday.
The filing deadline to return applications for physical property damage is Dec. 5, 2018. The deadline to return economic injury applications is June 21, 2019.
SBA representatives at the centers can provide information about disaster loans, answer questions and help businesses in completing the SBA application. The centers are located as indicated below:
>> Florence County: Florence-Darlington Technical College, Building Ready-SC Room 2, 2715 W. Lucas St, Florence, 29502. Hours: 8:30 a.m. to 5 p.m. Monday through Friday.
>> Marion County: County Administration Building, Room 118, 2523 E. U.S. 76, Marion, 29571. Hours: 8:30 a.m. to 5 p.m., Monday through Friday.
>> Dillon County: City of Dillon Wellness Center, 1647 Commerce Dr., Dillon, 29536. Hours: 8:30 a.m. to 5 p.m. Monday through Friday.
>> Marlboro County: Marlboro County Economic Development Partnership, 214 E. Market St., Bennettsville, 29512. Hours: 8:30 a.m. to 5 p.m. Monday through Friday.
The disaster declaration covers the counties of Chesterfield, Darlington, Dillon, Florence, Georgetown, Horry, Marion and Marlboro in South Carolina that are eligible for both physical and economic injury disaster loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA economic injury disaster loans: Berkeley, Charleston, Clarendon, Kershaw, Lancaster, Lee, Sumter and Williamsburg.
SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster. Interest rates are as low as 3.675 percent for businesses, 2.5 percent for private nonprofit organizations and 2.0 percent for homeowners and renters. Loan terms can be up to 30 years.
Economic injury disaster loans are also available to provide disaster-related working capital to small businesses and most private nonprofit organizations. These working capital loans can be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred.
To be considered for all forms of disaster assistance, applicants should register at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.
Applicants can apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at DisasterLoan.sba.gov.
Additional details on the locations of Disaster 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 firstname.lastname@example.org. Completed applications should be returned to a center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. For more information about SBA recovery assistance, visit www.sba.gov.