SBA closing one Coast recovery center
Published: June 25,2010
PASCAGOULA — The U.S. Small Business Administration (SBA) will close the Pascagoula Business Recovery Center in Jackson County today at the close of business.
Centers in George, Harrison, Hancock and Stone counties will remain open.
The SBA is encouraging small businesses and most private non-profit organizations of all sizes affected by the Deepwater BP Oil Spill to visit any of the other centers.
Eligible small businesses may qualify for (EIDLs) up to $2 million. The SBA offers EIDLs to help meet working capital needs caused by the disaster.
Interest rates are 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years. Eligibility for an EIDL is determined by the SBA based on the size and type of business and its financial resources. The SBA sets loan amounts and terms based on each applicant’s financial condition.
Anyone in the areas that are repaying previous SBA disaster loans also may be eligible for a deferment, on a case-by-case basis.
For more information on seeking a disaster loan application or deferment, small business owners may visit a Business Recovery Center located throughout the declared areas or contact SBA’s Customer Service Center toll-free at 1-800-659-2955 for specific details.
Business Owners may apply for disaster loans on SBA’s secure website at https://disasterloan.sba.gov/ela/.
The deadline to return economic injury applications is Feb. 14, 2011.
To sign up for Mississippi Business Daily Updates, click here.
2 Responses to “SBA closing one Coast recovery center”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Travis retiring as head of Mississippi World Trade Center
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- Court rules board can discipline West Virginia radiologist
- Drew Brees settles lawsuit alleging investment fraud
- Winchester lands $50M ammunition contract from Homeland Security
- Deer processors need to use caution to insure safe, tasty venison
- Legislators begin work on FY2016 state budget
- Biloxi baseball project still alive but may be held for 2015
- Doctor convicted of using phony church for tax shelter