SBA to Close Its Business Recovery Center in Seminole on August 4th
Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA will close its Seminole Business Recovery Center at 6 p.m. on Thursday, Aug. 4. “SBA opened the center to provide personalized assistance to businesses that were affected by the severe storms, tornadoes and flooding that occurred May 2-8, 2022,” said Garfield.
Until the center closes, SBA customer service representatives will continue to meet with business owners to answer questions about SBA’s disaster loan program, explain the application process, help each individual complete their electronic loan application and close their approved loans. No appointment is necessary.
SEMINOLE COUNTY Business Recovery Center Seminole State College Enoch Kelly Haney Center - First Floor, Room # 115 2701 Boren Blvd. Seminole, OK 74868 (located ¼ mile west of the intersections of Highways 3 and 9) Monday - Thursday, 9 a.m. - 6 p.m. Closes 6 p.m. Thursday, Aug. 4
“SBA representatives will also continue to be available at the following federal-state Disaster Recovery Centers to meet with businesses and residents,” Garfield continued. The centers are open on the days and times indicated. No appointment is necessary.
ADAIR COUNTY Disaster Recovery Center Adair County EMS Office 4 East Walnut St. Stilwell, OK 74960 Mondays – Fridays, 10 a.m. – 7 p.m. Saturdays, 10 a.m. – 6 p.m.
MUSKOGEE COUNTY Disaster Recovery Center Harris-Jobe Elementary School 2809 North Country Club Road Muskogee, OK 74403 Mondays – Fridays, 9 a.m. – 8 p.m. Saturdays, 10 a.m. – 6 p.m.
OKMULGEE COUNTY Disaster Recovery Center Trinity Baptist Church 830 West Ozark St. Morris, OK 74445 Mondays – Fridays, 10 a.m. – 7 p.m. Saturdays, 10 a.m. – 6 p.m.
POTTAWATOMIE COUNTY Disaster Recovery Center Heart of Oklahoma Exposition Center Conference Center Second Floor, Room #4 1700 West Independence St. Shawnee, OK 74804 Mondays – Fridays, 10 a.m. – 7 p.m. Saturdays, 10 a.m. – 6 p.m.
SEMINOLE COUNTY Disaster Recovery Center Seminole State College Enoch Kelly Haney Center First Floor (located ¼ mile west of the intersection of Highways 3 and 9) 2701 Boren Blvd. Seminole, OK 74868 Mondays – Saturdays, 9 a.m. – 8 p.m.
TULSA COUNTY Disaster Recovery Center Bixby Community Center 211 North Cabaniss Ave. Bixby, OK 74008 Mondays – Thursdays, 10 a.m. – 7 p.m. Fridays, 10 a.m. – 5:30 p.m.
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.
Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Interest rates can be as low as 2.935 percent for businesses, 1.875 percent for private nonprofit organizations and 1.688 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to apply for property damage is Aug. 29, 2022. The deadline to apply for economic injury is March 29, 2023.
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, 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.