SBDCs Help Michigan Businesses Apply for SBA Disaster Assistance Loans

U.S. SMALL BUSINESS ADMINISTRATION LOGOThe U. S. Small Business Administration’s District Director Gerald Mooreannounced the opening of additional Business Recovery Centers in Michigan.  Business owners that visit these Centers will benefit because they can meet one-on-one with SBA Customer Service Representatives who can answer their program questions and help them in applying for an SBA disaster loan, as well as utilize the services of the Small Business Development Centers (SBDCs).
ATLANTA, Oct. 8, 2014 SBA partners with SBDCs, SCORE and others to provide a network of professionals that help businesses by providing free business consulting and low-cost training.  “In times of disasters, we all come together to assist business owners in preparing financial records, forms and submitting their SBA disaster business loan application” said Moore.
“Businesses with physical damages or loss of revenue resulting from the recent flooding should seriously consider visiting one of the Centers and applying for an SBA disaster business loan,” said Richard King, region director, Michigan Small Business Development Center for the Southeast Michigan Region.
The Centers are located and open as indicated below, until further notice:

Oakland County

Oakland County Executive Office – Bldg. 41 W

2100 Pontiac Lake Road

Waterford, MI 48328
Opened:   Wed., Oct. 8
Hours:      Mon. – Fri. from 8:30 a.m. to 5:00 p.m.

Closed:     Mon.., Oct. 13 for Columbus Day

 

Macomb County

Velocity Collaboration Center

6633 18 Mile Road

Sterling Heights, MI 48314
Open:    Fri., Oct. 10 at 8:30 a.m.

Hours:   Mon., – Fri., from 8:30 a.m. to 5:00 p.m.

Closed:  Mon., Oct. 13 for Columbus Day

 

Wayne County

Grand Valley State University-

Downtown Detroit Center

163 Madison Street

Detroit, MI 48226
Open: Thurs., Oct. 9 at 8:30 a.m.

Hours: Mon. – Fri. from 8:30 a.m. to 5:00 p.m.

Closed: Mon., Oct. 13 for Columbus Day

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.
Additional information on the disaster loan program may be obtained by calling 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 www.sba.gov.
The filing deadline to return applications for physical property damage is November 24, 2014.
The deadline to return economic injury applications is June 25, 2015.
For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov/disaster.

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