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LA 13271-04 SBA to Open a Business Recovery Center in La Place for Isaac Victims
Baton Rouge – The U. S. Small Business Administration (SBA), Louisiana Department of Economic Development (LED) and the Louisiana Small Business Development Centers (LSBDCs) today announced the opening of a Business Recovery Center (BRC) in La Place to provide a wide range of services to businesses impacted by Hurricane Isaac. The additional business center will open Thursday, September 13.
“Due to the severe property damage and economic loss Hurricane Isaac inflicted on businesses in Louisiana, we want to provide every available service to help get them back on their feet,” said Michael Ricks, SBA’s Louisiana District Director. “This center will provide a single one-stop location for businesses to access a variety of specialized help,” he added.
Business Recovery Center will open at the time and location below:
St. John the Baptist Parish
Business Resource Center
2015 West Airline Highway, La Place, LA 70068
Thursdays & Fridays; 8:30 am to 5:00 pm
Opens Thursday, September 13
Specialists from the following organizations will be available to meet individually with each business owner:
U. S. Small Business Administration (SBA)
Louisiana Small Business Development Centers (LSBDCs)
SBA customer service representatives will be available to meet individually with each business owner to explain how an SBA disaster loan can help finance their recovery. “We can answer your questions about SBA’s disaster loan program, explain the application process and assist you in completing your loan application,” Ricks said.
“LSBDC representatives will provide counseling on a wide variety of matters designed to help these business owners re-establish their operations, how to overcome the effects of the disaster and plan for their future. Services include assessing business economic injury, evaluating the business’s strength, cash flow projections and most importantly, a review of all options to ensure each business makes decisions that are appropriate for its situation. They will also provide program information, answer questions and help businesses apply for this much needed financial help. No appointment is necessary, and all services are provided free of charge,” Ricks continued.
New Orleans Mayor Mitch Landrieu, Louisiana Economic Development Secretary Stephen Moret, SBA District Director Mike Ricks and other regional economic development partners want to ensure impacted businesses secure the financial assistance they need to resume normal operations. “LED spearheaded this partnership with SBA, our Small Business Development Centers and our regional economic development partners,” said LED Secretary Stephen Moret. “These highly trained and experienced team of consultants will be available to provide business consulting services designed to help these business owners re-establish their operations and plan for their future,” he said.
Businesses of any size and private, nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. These loans cover losses that are not fully covered by insurance or other recoveries.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit organizations of any size, SBA offers 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.
Assistance is also available at the eight business recovery centers previously opened. Their locations, days, and times of operations are as follows:
Coastal Communities Consulting
Hong Kong Shopping Center
925 Behrman Highway, Suite 17, Terrytown, LA 70056
Thursdays & Fridays; 8:30 am to 4:30 pm
UNO Jefferson Center
3330 North Causeway Boulevard, Suite 422, Metairie, LA 70002
Mondays – Fridays; 8:30 am to 4:30 pm
700 Churchill Parkway, Avondale, LA 70094
Mondays & Tuesdays; 8:30 am to 4:30 pm
JOB 1 Business and Career Solution Center
3400 Tulane Avenue, Suite 2400, New Orleans, LA 70119
Mondays & Tuesdays; 8:30 am to 5:00 pm
Fisheries Assistance Center
8018 Hwy 23 (Regions Bank Building), Belle Chasse, LA 70037
Mondays – Fridays; 8:30 am to 4:00 pm
St. Bernard Parish
Gulf Coast Bank
1801 East Judge Perez Drive, Chalmette, LA 70043
Mondays, Tuesdays & Wednesdays; 9:00 am to 4:30 pm
St. Tammany Parish
St. Tammany EDF
21489 Koop Drive, Mandeville, LA 70471
Mondays & Tuesdays; 8:30 am to 4:00 pm
St. Tammany Parish
City of Slidell Mayor’s Office
2055 Second Street, 2nd Floor, Slidell, LA 70458
Thursday & Fridays, 8:30 am to 4:00 pm
Business owners may also get help from SBA representatives at any Disaster Recovery Center in Louisiana. They may also contact SBA’s Customer Service Center by calling toll-free (800) 659-2955, e-mailing email@example.com or visiting SBA’s Web site at http://www.sba.gov/services/disasterassistance.
Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Additionally, disaster victims may now go online to file an SBA application for disaster loan assistance. The Electronic Loan Application (ELA) is accessible via SBA’s secure Web site at https://disasterloan.sba.gov/ela.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841