(BUSINESS WIRE)--With only a few days remaining before the November 23, application deadline for physical disaster loans, the U.S. Small Business Administration (SBA) announces that it has approved 1,085 disaster loans for $40,361,300 to Georgia homeowners, renters, businesses and non-profit organizations affected by the September 2009 severe storms and flooding.
“We want to thank all of our federal, state and local partners, as well as the volunteer organizations and individuals that helped the SBA to provide financial assistance to the victims,” said Frank Skaggs, director of SBA’s Field Operations Center East.
“However, there are nearly 20,000 people who have not returned their SBA loan applications. These individuals have until November 23 to return completed applications for physical damage to the SBA. Homeowners or renters who do not qualify for a disaster loan may be referred to FEMA for grant consideration.
Interest rates are as low as 2.750 percent for homeowners and renters and 4 percent for businesses with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial condition. These loans are for uninsured or uncompensated losses up to SBA’s loan limits.
All Disaster Loan Outreach Centers and Business Recovery Centers in the disaster area will cease operations at the close of business Monday, November 23. Victims in the following counties in Georgia are eligible to apply for SBA’s physical disaster loans: Bartow, Carroll, Catoosa, Chattooga, Cherokee, Cobb, Coweta, DeKalb, Douglas, Fulton, Gwinnett, Heard, Newton, Paulding, Rockdale, Stephens and Walker.
SBA Center locations and hours of operation are as follows: | ||||||
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Disaster Loan Outreach Centers | ||||||
Cherokee County | | | Cobb County | | | DeKalb County |
Cherokee County Parks & Recreation Gym | | | The Threadmill | | | Browns Mill Recreation Center |
7545 Main Street, Building 200 | | | 5000 Austell/Powder Springs Rd, Suite 120 | | | 5101 Browns Mill Road |
Woodstock, GA 30188 | | | Austell, GA 30106 | | | Lithonia, GA 30058 |
Open: Mon-Fri; 9 a.m. to 6 p.m. | | | Open: Mon-Fri; 8 a.m. to 5 p.m. | | | Open: Mon-Fri; 8 a.m. to 5 p.m. |
Douglas County | | | Fulton County | | | Gwinnett County |
Old Douglas County Court House | | | Fulton County Government Center | | | Mountain Park Depot |
6754 Broad Street | | | 141 Pryor Street SW | | | 5050 Five Forks Trickum Rd. |
Douglasville, GA 30134 | | | Atlanta, GA 30303 | | | Lilburn, GA 30047 |
Open: Mon-Fri; 8 a.m. to 5 p.m. | | | Open: Mon-Fri; 8 a.m. to 5 p.m. | | | Open: Mon-Fri; 8 a.m. to 5 p.m. |
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SBA Business Recovery Centers | ||||||
Cobb County | | | Douglas County | | | Fulton County |
Powder Springs Library | | | Douglas County Chamber of Commerce | | | Government Service Center |
4181 Atlanta Street – Bldg. 1 | | | 6658 Church Street | | | 7741 Roswell Road |
Powder Springs, GA 30127 | | | Douglasville, GA 30134 | | | Atlanta, GA 30350 |
Open: Mon-Fri; 9 a.m. to 5:30 p.m. | | | Open: Mon-Fri; 9 a.m. to 5 p.m. | | | Open: Mon-Fri; 8:30 a.m. to 5 p.m. |
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Anyone unable to visit one of the Centers may obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (or 1-800-877-8339 for the hearing impaired) Monday through Friday, 8 a.m. to 9 p.m. EST, or by sending an email to disastercustomerservice@sba.gov. Business loan applications may be downloaded from www.sba.gov/services/disasterassistance. Applications may be returned to any of the Centers or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas, 76155.
Georgia disaster victims may visit SBA’s secure Web site at https://disasterloan.sba.gov/ela/ to apply for disaster loans.
The filing deadline to return applications for physical property damage is November 23, 2009. The deadline to return economic injury applications is June 24, 2010.
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