PR 15298 and 15322 - SBA Closes Business Recovery Centers in Puerto Rico for Presidents’ Day

ATLANTA – The U.S. Small Business Administration (SBA) announced today that the Business Recovery Centers (BRCs) in Puerto Rico will close for Presidents’ Day on Monday, Feb. 19 and will reopen on Tuesday, Feb. 20, at 8 a.m.
 
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 and open as indicated below:
 
Bayamon
Estadio Juan Ramón Loubriel
Bayamón, PR 00959
Hours:  Mon - Fri, 8 a.m. - 5 p.m.
 
Caguas
Angel O. Berrios Sports Complex
Carr. 156 Salida Hacia Aguas Buenas
Caguas, PR  00725
Hours:  Mon - Sat, 8 a.m. - 6 p.m. 
 
Fajardo
Estadio de Béisbol Concepción Pérez Alberto
Fajardo, PR  00738
Hours:  Mon - Fri, 8 a.m. - 5 p.m. 
 
Ponce
Edificio Ponce Servicios
Ponce, PR  00730
Hours:  Mon - Fri, 8 a.m. - 5 p.m.
 
San Juan
Centro de Detallistas de Puerto Rico
San Juan, PR 00917
Hours:  Mon - Fri, 8 a.m. - 5 p.m. 
 
San Juan
Old San Juan
San Juan, PR 00901
Hours:  Mon - Sat, 8 a.m. - 5 p.m. 
 
Closed: Monday Feb. 19 (Presidents’ Day), Reopens: Tuesday Jan. 16, at 8 a.m.
 
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 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 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 may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. 
 
Additional information on the disaster loan program may be obtained by calling SBA’s 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.  Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at Disasterloan.sba.gov. Completed applications should be returned to a recovery 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/disaster.
 
The filing deadline to submit applications for physical property damage is March 20, 2018 for Hurricanes Irma and Maria. The deadline for economic injury applications is June 11, 2018 for Hurricane Irma and June 20, 2018 for Hurricane Maria.
Release Number: 
18-281
Release Date: 
Thursday, February 15, 2018 - 12:00am
Contact: 
Michael Lampton
Related State: 
Puerto Rico
Field Operations Center: 
East