SACRAMENTO, Calif. – Dorothy Overal, the U. S. Small Business Administration’s (SBA) Oklahoma District Director, announced today that SBA Disaster Loan Outreach Center (DLOC) will be closed on September 2, 2013, in observance of Labor Day.
“SBA opened the Disaster Loan Outreach Center to provide personalized service to Oklahoma residents and businesses that were impacted by the severe storms, tornadoes and flooding that occurred May 18 - June 2, 2013,” said Overal. The center will re-open Tuesday, September 3 for normal operations.
“SBA customer services representatives will continue to be available to meet with residents and business owners to answer their questions, explain SBA’s disaster loan program, help them complete their disaster loan applications and close their approved loans on the days and times indicated,” she continued. No appointment is necessary. So far, SBA has approved nearly $43 million in low-interest loans to help residents and businesses with their recovery,” said Overal.
Disaster Loan Outreach Center
Moore Norman Technology Center
South Penn Campus
13301 South Pennsylvania Avenue
Once on campus proceed to: Business Development Center Building 13101 South Pennsylvania Avenue
Mondays - Saturdays, 9 am to 6 pm
Closed Monday September 2, 2013 in Observance of Labor Day
Although the filing deadline to return applications for property damage expired on August 19, 2013, small businesses and most private, nonprofit organizations of any size and aquaculture businesses, may still apply for low interest 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.
“These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Disaster loans can provide vital economic assistance to small businesses to help overcome the temporary loss of revenue they are experiencing,” Overal added.
Eligibility is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4 percent for small businesses and 2.875 percent for private, nonprofit organizations, with terms up to 30 years, and are restricted to small businesses without the financial ability to offset the adverse impact without hardship.
Applicants may apply online 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 or e-mailing firstname.lastname@example.org. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. For more information about SBA’s disaster assistance programs, visit http://www.sba.gov/disaster.
The deadline to return economic injury applications is February 20, 2014.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841