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FL 17005 - SBA Relocates Disaster Loan Outreach Center from Surfside to Miami Beach

ATLANTA - The U.S. Small Business Administration (SBA) today announced the July 26 relocation of its Disaster Loan Outreach Center (DLOC) in Miami-Dade County, Florida to help families and survivors impacted by the Surfside Building Collapse. The DLOC will be located at the North Shore Branch Library, 7501 Collins Avenue in Miami Beach. It will operate Monday through Friday and is closed on Saturday and Sunday.

The SBA ceased operations in the Family Assistance Center located at the Sea View Hotel in Bal Harbour on Friday, July 23 at 5 p.m. and transitioned to the new location.

The disaster declaration covers Miami-Dade County in Florida, which is eligible for both Physical and Economic Injury Disaster Loans (EIDL). Small businesses and most private nonprofit organizations in the adjacent counties of Broward, Collier and Monroe in Florida are eligible to apply only for EIDLs.

In accordance with precautions for COVID-19, the SBA established protocols to help protect the health and safety of the public.  Visitors to the Centers are encouraged to wear a face mask.  The Centers are located as indicated below and will operate until further notice.

Surfside Business Recovery Center

Geneva Tailor

9484 Harding Ave.

Surfside, FL 33154
 

Hours:        Monday – Friday, 8 a.m. to 5 p.m.

                       Saturday 10 a.m. to 2 p.m.

Closed:       Sunday

 

 

Miami-Dade County Disaster Loan Outreach Center

North Shore Branch Library

7501 Collins Ave.

Miami Beach, FL 33141

 

Opening:   Monday, July 26, 2021

Hours:         Monday, Wednesday and Thursday   

                       10 a.m. – 7 p.m.

                       Tuesday and Friday

                       10 a.m. – 5 p.m.

Closed: Saturday and Sunday

 

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements may include elevation, a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit 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.

Examples of eligible small businesses with disaster-related economic losses include but are not limited to the following: owners of rental property, restaurants, retailers, travel agencies, charter boats, hotels, day care centers, wholesalers and private nonprofit organizations.

Interest rates are as low as 2.88 percent for businesses, 2 percent for nonprofit organizations, and 1.625 percent for homeowners and renters with terms up to 30 years. Loan amount 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 the SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s.

Disaster loan information and application forms may also be obtained by calling the 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 sba.gov/disaster.  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 Aug. 30, 2021.  The deadline to return economic injury applications is March 29, 2022.

 

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Release Number: 
21-469
Release Date: 
Tuesday, July 27, 2021 - 2:00pm
Contact: 
Michael Lampton
Related State: 
Florida
Field Operations Center: 
East