Businesses affected by March’s severe storms and flooding can find out about disaster loans and other recovery assistance at Business Recovery Centers opening at 9 a.m. Wednesday in Covington and Hammond, as well as three other locations in north Louisiana.
U.S. Small Business Administration representatives will be available at each recovery center to meet with business owners to explain how an SBA disaster loan can help finance their recovery. Louisiana Small Business Development Center consultants will provide counseling to help business owners with a range of recovery issues. Services include assessing business economic injury, evaluating the business’s strength, cash flow projections and a review of all options to ensure each business makes appropriate decisions for its situation.
“These centers will provide a single one-stop location for businesses to access a variety of specialized help,” said Michael Ricks, SBA’s Louisiana district director. “No appointment is necessary, and all services are provided free of charge. We can answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application.”
The centers were organized by the SBA, Louisiana’s economic development department and the Louisiana Small Business Development Center Network.
The Covington and Hammond locations and hours are:
- Hammond Chamber of Commerce, 400 NW Railroad Ave., Hammond.
9 a.m. to 4 p.m. Mondays through Fridays, but closed March 25.
- Greater Covington Center, 317 North Jefferson Ave., Covington.
Mondays, 9 a.m. to 4 p.m. Wednesdays and Fridays, but closed on March 25.
Business owners may also apply online using SBA’s website at https://disasterloan.sba.gov/ela. Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing firstname.lastname@example.org.
Individuals who are deaf or hard of hearing can call (800) 877-8339. For more disaster assistance information, or to download applications, visit http://www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.