MO 13041-02 SBA Disaster Loan Outreach Center in Buffalo to Close

Release Date: Monday, March 26, 2012
Release Number: MO 13041-02
Related State:
Missouri
Field Operations Center: West
Contact: Richard Jenkins (916) 735-1500

 

Sacramento, CA – David Ross, District Director of the U.S. Small Business Administration’s (SBA) Kansas City District office, announced today that SBA will close its Disaster Loan Outreach Center in Buffalo at the close of business on Thursday, March 29. 

“SBA opened the center to provide personalized assistance to Missouri residents and business owners who were affected by the flooding, high winds, heavy rain, hail and tornadoes that occurred February 28 through March 1. Until the Buffalo center closes, SBA customer service representatives will continue to be available to meet with residents and business owners to answer all of their questions, explain SBA’s disaster loan program, issue applications, help them complete their applications and close their approved disaster loans,” said Ross. 

Residents and business owners can meet with SBA representatives on the days and times indicated.  No appointment is necessary.

Dallas County
Disaster Loan Outreach Center
Dallas County Health Department
1011 West Main Street
Buffalo, MO 65622
Hours:  8:00 am – 12:00 pm
1:00 pm - 4:30 pm
Monday thru Thursday

Closes at 4:30 pm on Thursday, March 29

SBA customer service representatives will continue to be available until further notice at the Branson and Kimberling Disaster Loan Outreach Centers to meet individually with residents and business owners:

Stone County
Disaster Loan Outreach Center
Table Rock Lake Chamber of Commerce
14226 State Highway 13
Kimberling City, MO 65686
Hours:  8:00 am – 4:30 pm
Mondays thru Fridays

Taney County
Disaster Loan Outreach Center
Branson City Hall
110 Maddux Street, Suite 315
Branson, MO 65616
Hours:  8:00 am – 4:30 pm
Mondays thru Fridays

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, nonprofit organizations may borrow up to $2 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 homeowners and businesses 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, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDL assistance is available regardless of whether the business suffered any property damage.

Interest rates can be as low as 1.875 percent for homeowners and renters, 3 percent for private, nonprofit organizations and 4 percent for businesses, with terms up to 30 years.  Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure Web site at https://disasterloan.sba.gov/ela

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955, emailing disastercustomerservice@sba.gov or visiting SBA’s Web site at www.sba.gov/services/disasterassistance.  Individuals who are deaf or hard-of-hearing may call (800) 877 8339. 

The filing deadline to return applications for property damage is May 14, 2012.  The deadline to return economic injury applications is December 17, 2012. 

For more information, visit SBA’s Web site at www.sba.gov.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841
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