SBA opens business recovery center for storm victims - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

SBA opens business recovery center for storm victims

The SBA can also help with Economic Injury Disaster Loans to assist with working capital needs.  Source: WDAM The SBA can also help with Economic Injury Disaster Loans to assist with working capital needs. Source: WDAM
PETAL, MS (WDAM) -

Business owners who suffered damage from the Jan. 21 tornado have a new place to go to get financial assistance.

The U.S. Small Business Administration (SBA) has opened a Business Recovery Center at the C. E. Roy Community Center on E. 5th Street.

Businesses and private non-profit organizations can borrow up to $2 million for the repair or replacement of disaster-damaged properties, machines or equipment.

The SBA can also help with Economic Injury Disaster Loans to assist with working capital needs.

"And a business doesn't even have to have physical damage to qualify for that, as long as they're in the disaster area and they can show cause and effect," said John "Jack" Camp, a public affairs specialist with the Small Business Administration. 

The center is open Monday-Saturday, 9 a.m.-6 p.m.

Applicants can also apply online at https://disasterloan.sba.gov/ela.

Copyright WDAM 2017. All rights reserved. 

  • Local NewsLOCALMore>>

  • Hattiesburg School to host Spring Concert at WCU

    Hattiesburg School to host Spring Concert at WCU

    Thursday, April 19 2018 9:33 AM EDT2018-04-19 13:33:31 GMT
    Hattiesburg School Spring Concert at William Carey; (Photo Source: Hattiesburg Public School Twitter)Hattiesburg School Spring Concert at William Carey; (Photo Source: Hattiesburg Public School Twitter)
    Hattiesburg School Spring Concert at William Carey; (Photo Source: Hattiesburg Public School Twitter)Hattiesburg School Spring Concert at William Carey; (Photo Source: Hattiesburg Public School Twitter)
    The Hattiesburg Public School District Strings Program is hosting a Spring Concert Thursday, April 19. The Hattiesburg Public School District Strings Program will host a Spring Concert on today at 6:30 p.m. The concert will be held at William Carey University's Thomas Hall. Admission is FREE. Let’s support our extremely talented students. pic.twitter.com/WkKP0SxRVh — Hattiesburg High (@HattiesburgHigh) April 19, 2018 The event will feature live musical performances f...More >>
    The Hattiesburg Public School District Strings Program is hosting a Spring Concert Thursday, April 19. The Hattiesburg Public School District Strings Program will host a Spring Concert on today at 6:30 p.m. The concert will be held at William Carey University's Thomas Hall. Admission is FREE. Let’s support our extremely talented students. pic.twitter.com/WkKP0SxRVh — Hattiesburg High (@HattiesburgHigh) April 19, 2018 The event will feature live musical performances f...More >>
  • Dabo Swinney makes a visit to Hattiesburg

    Dabo Swinney makes a visit to Hattiesburg

    Thursday, April 19 2018 8:11 AM EDT2018-04-19 12:11:33 GMT

    Dabo Swinney experienced a first Thursday night in Hattiesburg. It was his first time in the city. Swinney was the guest speaker at Southern Miss for First Priority's live auction.

    More >>

    Dabo Swinney experienced a first Thursday night in Hattiesburg. It was his first time in the city. Swinney was the guest speaker at Southern Miss for First Priority's live auction.

    More >>
  • Dabo Swinney makes visit to Hattiesburg

Powered by Frankly