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Small business owners can apply for disaster loans

SBA Chief Executive Officer Steven G. Smith (Retired Rear Admiral) of the Office of Disaster Strategic Planning and Operations visited the Business Counseling Center today. His mission was to assess the SBA's response to the needs of Southwest Louisiana residents after Hurricanes Gustav and Ike and to obtain feedback on the SBA's early stage disaster response.

SBA Customer Service Representatives are currently available to assist businesses with low interest disaster recovery loans of up to 2 million dollars. Loans are available to businesses of any size and non-profit organizations that have experienced any physical damage, loss of inventory, or equipment damage as well as those who require working capital to keep their businesses in operation until their recovery is complete. No appointment necessary.

Also on hand to offer counseling and recovery options are representatives from the McNeese State University Small Business Development Center as well as representatives from The SWLA Economic Development Alliance, the Louisiana Department of Economic Development and the Service Corps of Retired Executives (SCORE).

The Business Counseling Center is located in the first floor conference room of the Willis Noland Resource Center with the support of the Southwest Louisiana Economic Development Alliance. The Center is open from 8:30 a.m. to 5 p.m. Monday – Friday

 

Source:http://www.kplctv.com/Global/story.asp?S=9060370

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT A fee between 0% and 10% of the loan may be charged on some plans depending on credit history and ability to prove income. Example: Loan of £15,000: 120 monthly repayments of £204.66, 10.4%APR variable. Loans secured on residential property.