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Help for Small
Businesses Hurt by Hurricane Isaac in Louisiana |
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 The
SBA will open a Business Recovery Center in La Place,
Louisiana for small businesses hurt by hurricane Isaac.
The SBA, the Louisiana Department of Economic
Development (LED) and the Louisiana Small Business
Development Centers (LSBDCs) will team up to provide a range
of services to businesses impacted by Hurricane Isaac.
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This new business center will open
starting on Thursday, September 13, 2012 at the following
location and will be open from 8:30am to 5:00pm.
St. John the Baptist Parish
Business Resource Center
2015 West Airline Highway, La
Place, LA 70068
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There are
other locations that were previously opened.
To see those locations
visit the SBA's website on
this subject.
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Customer service representatives will
be available to meet individually with each business owner
to explain how an SBA disaster loan can help finance their
recovery and to help them through the application process.
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Businesses of any size 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. These loans cover losses that are not fully covered
by insurance or other recoveries.
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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 (EIDLs)
to help meet working capital needs caused by the disaster.
EIDL assistance is available regardless of whether
the business suffered any property damage.
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To learn
more about the SBA’s plan to help small businesses in the
area by
visiting
the SBA's web page on this subject.
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Sources:
The SBA
By
Tim Miller
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