SBA Offers Disaster Assistance to Mississippi Small Businesses Affected by the Jackson Water Crisis

u s small business administration

NEWS RELEASE

Disaster Field Operations Center East

Release Date: Sept. 30, 2022[

 

Release Number: 22-458, MS 17621

 

     Contact: Michael Lampton (404) 331-0333
     Michael.Lampton@sba.gov 

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SBA Extends Business Recovery Center Operations in Mississippi Until Oct. 7;
Assists Businesses Applying for Working Capital Loans Due to Jackson Water Crisis

 

ATLANTA – The U.S. Small Business Administration (SBA) announced today that its Business Recovery Center located in Jackson, Miss., will continue operating through 4 p.m. Friday, Oct. 7. SBA opened the center to help Mississippi small  businesses and nonprofit organizations affected by the Jackson Water
Crisis that began Aug. 30. 

“I encourage anyone who has not completed their disaster loan application to visit the center before the closing to meet with an SBA customer service representative for one-on-one assistance,” said Kem Fleming, director of SBA’s Field Operations Center East.

The Business Recovery Center is open as indicated below:

disaster

Customer Service Representatives will be available at the BRC to answer questions about the disaster loan program and help business owners complete their applications. Due to the ongoing COVID-19pandemic, the SBA has established protocols to help protect the health and safety of  the public. All visitors to the BRC are encouraged to wear a face mask.

“For eligible applicants, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster,” said SBA’s Mississippi District Director Janita R. Stewart.

Interest rates are 3.04 percent for businesses and 1.875 percent for nonprofit organizations, with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s and should apply under SBA declaration # 17621.

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or emailing DisasterCustomerService@sba.gov. Loan applications may be downloaded at sba.gov/disaster.  Completed applications should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.


The filing deadline to return economic injury applications is June 14, 2023.

 

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About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.