Sign up for email updates from SBAReceive helpful business tips and upcoming events in your area.


About SBA

disasterpressreleases

NJ 13367 - SBA Announces Holiday Closing of Business Recovery Centers in New Jersey

Field Operations Center: 
East
Release Number: 
13-156
Release Date: 
Saturday, December 22, 2012
Contact: 
Jelani Miller

ATLANTA –The U.S. Small Business Administration announced today that its ten Business Recovery Centers in New Jersey will be closed in recognition of Christmas and New Year’s Day.  In addition, all centers will be closed on December 24 with the exception of the Centers in Essex, Hudson and Ocean counties which will be open from 9 a.m. to 1 p.m.  The Centers in Bergen and Monmouth counties will be closed through January 1, 2013.

These Centers are staffed by SBA Customer Service Representatives that can answer questions, help with the application process and assist those applicants who want to apply on-line and complete the Electronic Loan Application.

Each Center’s hours of operations are indicated below:

Atlantic County
Richard Stockton College
35 South Martin Luther King Blvd.
Atlantic City, NJ 08401

Ceased operations on Fri., Dec. 21

Applicants may visit any Disaster Recovery Center for help

 

Bergen County
Bergen Community College
355 Main Street, Room 121
Hackensack, NJ. 07601

Hours: Mon-Fri from 9:00 a.m. - 5:00 p.m.

Closed from Fri., Dec. 21 until Tue. Jan 2, 2013

Will cease operations at 5:00 p.m., Jan. 4

 

Cape May County
Cape May County Chamber of Commerce
13 Crest Haven Road
Cape May, NJ 08210

Hours: 8:30 a.m. - 4:30 p.m., Mon-Fri

Closed: Tue. Dec. 25 and Tue. Jan. 1

 

Essex County
Rutgers University
25 James Street
Newark, NJ 07102

Hours: 9:00 a.m. – 5:00 p.m. Mon-Fri

Revised hours:  9:00 a.m. – 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31

Closed: Tue. Dec. 25 and Tue. Jan. 1

 

Hudson County

New Jersey City University
285 West Side Avenue Suites 193
Jersey City, NJ 07305

Hours: 9:00 a.m. – 5:00 p.m., Mon-Fri

Revised hours:  9:00 a.m. – 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31

Closed: Tue. Dec. 25 and Tue. Jan. 1

 

Middlesex County

John F. Kennedy Library

500 Hoes Lane

Piscataway, NJ 08854

Hours: 10 a.m.- 5 p.m., Mon-Sat

Closed on: Tue. Dec. 25 and Tue. Jan. 1

 

Monmouth County
Brookdale Community College
765 Newman Springs Road
Lincroft, NJ 07738

Hours: 9:00 a.m. – 5:00 p.m., Mon-Fri

Revised hours:  9:00 a.m. – 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31

Closed:  Tue. Dec. 25 and Tue. Jan. 1

 

Ocean County
Southern Ocean County Chamber of Commerce
West Bay Avenue

Manahawkin, NJ 08050

Hours: 10:00 a.m. – 6:00 p.m., Mon-Sat

Revised hours:  9:00 a.m. – 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31

Closed:  Tue. Dec. 25 and Tue. Jan. 1

 

Passaic County
William Paterson University
131 Ellison Street
Paterson, NJ 07505

Hours: 9:00 a.m. to 5:00 p.m., Mon-Fri

Revised hours:  9:00 a.m. – 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31

Closed:  Tue. Dec. 25 and Tue. Jan. 1

 

Union County
Business One-Stop Service-The Incubator
320 Park Avenue
Plainfield, NJ 07060

Hours: 9:00 a.m. to 5:00 p.m., Mon-Fri

Revised hours:  9:00 a.m. – 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31

Closed:  Tue. Dec. 25; Tue. Jan. 1

            

Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private non-profit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster.  Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

Interest rates are as low as 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

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

Additional details on the locations of 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 disastercustomerservice@sba.gov.  Loan applications can be downloaded from www.sba.gov.  Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to return applications for physical property damage is extended to January 30, 2013. The deadline to return economic injury applications is July 31, 2013.

# # #

For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov.

Related State: 
New Jersey
Groups: