ATLANTA – The U.S. Small Business Administration (SBA) announced today that physical disaster loans are available in seven additional counties.
SBA’s low-interest disaster loans are available to Florida businesses and residents due to Hurricane Idalia, that began on August 27. The disaster declaration covers Citrus, Columbia, Dixie, Gilchrist, Hamilton, Hernando, Jefferson, Lafayette, Levy, Madison, Pasco, Pinellas, Suwannee, and Taylor County in Florida which are eligible for both Physical and Economic Injury Disaster Loans from the SBA.
Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Alachua, Baker, Hillsborough, Leon, Marion, Polk, Sumter, Union, and Wakulla in Florida; and Brooks, Clinch, Echols, Lowndes, and Thomas in Georgia.
To assist small businesses and private nonprofit organizations with completing their applications and uploading documents, the SBA has established two Business Recovery Centers (BRCs) which will operate as indicated below:
Mobile Business Recovery Center: Levy County
Cedar Key Community Center, 809 6th Street Cedar Key, FL 32625.
Opening: Wednesday, Sept. 6, 10 a.m. to 6 p.m. Hours: Wednesday, Sept. 6 through Tuesday, Sept. 12 9 a.m. to 6 p.m.
Permanently Closes: Tuesday, Sept. 12 at 6 p.m.
Business Recovery Center: Suwannee County
Suwannee County Chamber of Commerce, 212 N Ohio Ave Live Oak, FL 32064.
Hours: Monday through Sunday 7 a.m. to 7 p.m
Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) 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.
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