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Disaster Press Releases

NJ 13367 - SBA Announces New Year’s Day Closing of Business Recovery Centers in New Jersey

ATLANTA –The U.S. Small Business Administration announced today that its Business Recovery Centers throughout New Jersey will continue to provide prompt one-on-one, face-to-face assistance for survivors of Hurricane Sandy during the holiday season.

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 to complete the Electronic Loan Application.

SBA’s low-long term disaster loans may provide recovery funds even ahead of receiving an insurance settlement.  There is no cost to apply or obligation to take a loan if offered.  SBA’s disaster business loans are available for amounts up to $2 million for real estate repairs, business content replacements and working capital.  Interest rates are as low as 4% for businesses and 3% for non-profit organization.  The maximum loan term is 30 years and payments do not begin immediately.

Business applicants may meet with an SBA Customer Service Representative at any Business Recovery Center.  The hours of operations are indicated below:

Atlantic County

Hamilton Mall

4403 Black Horse Pike Rt. 322 

Mays Landing, NJ 08330

Open: Mon. – Sat. from 9:00 a.m. - 7:00 p.m.

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. - 1:00 p.m.; closed Tue., Jan. 1

 

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.

Resume operationsJan. 2

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: Mon. – Fri. from 8:30 a.m. – 4:30 p.m.

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. – 1:00 p.m.; closed Tue., Jan. 1

 

Essex County
Rutgers University
25 James Street
Newark, NJ 07102

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

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. – 1:00 p.m.; closed Tue., Jan. 1

 

Hudson County

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

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

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. – 1:00 p.m.; closed Tue., Jan. 1

 

Middlesex County

John F. Kennedy Library

500 Hoes Lane

Piscataway, NJ 08854

Hours: Mon. – Sat. from 10 a.m. – 5 p.m.

Holiday hours: Closed Mon., Dec. 31 and Tue., Jan. 1

 

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

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

Resume operationsJan. 2

 

Ocean County
Southern Ocean County Chamber of Commerce
West Bay Avenue

Manahawkin, NJ 08050

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

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. – 1:00 p.m.; closed Tue., Jan. 1

 

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

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

Holiday hours: Open Mon., Dec. 31 from 9:00 a.m. - 1:00 p.m.; closed Tue., Jan. 1

 

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

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

Holiday hours: Closed Mon., Dec. 31 -Tue., Jan. 1

             

Applicants may also 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.

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

Release Number: 
13-161
Release Date: 
Saturday, December 29, 2012
Contact: 
Jelani Miller
Related State: 
New Jersey
Field Operations Center: 
East