Jackson Disaster Recovery Center to Become SBA Disaster Loan Outreach Center

SACRAMENTO, Calif. - The State/Federal Disaster Recovery Center in Jackson will convert to a U.S. Small Business Administration Disaster Loan Outreach Center on Friday, March 31, 2023. The center will continue to operate at the Amador County Administration Center from 8 a.m. to 5 p.m. Mondays through Fridays.

"At this stage of the recovery process, the emphasis for assistance is to meet the long-term needs of businesses and individuals that were impacted by severe winter storms, flooding, landslides and mudslides that occurred Dec. 27, 2022 - Jan. 31, 2023," said SBA's Director Tanya N. Garfield of the U.S. Small Business Administration's Disaster Field Operations Center-West. "The transition of the Jackson Disaster Recovery Center to an SBA Disaster Loan Outreach Center will better meet the current needs of Amador County residents."

"SBA customer service representatives will continue to answer questions, explain the application process, help businesses apply for a low-interest disaster loan and close their approved disaster loans," Garfield continued. The Disaster Loan Outreach Center will be open on the days and times indicated. No appointment is necessary.

AMADOR COUNTY

Disaster Loan Outreach Center

Amador County Administration Center

(Conference Room B)

810 Court St.

Jackson, CA 95642

Opens at 8 a.m. Friday, March 31

Mondays - Fridays, 8 a.m. - 5 p.m.

Closes at 5 p.m. Thursday, April 13

Although the deadline to apply for a loan for property damage has passed, small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size still have until Oct. 16, 2023, to apply for an economic injury disaster loan to help meet working capital needs caused by the disaster. Economic injury loan assistance is available regardless of whether the business suffered any property damage.

Interest rates can be as low as 3.305 percent for businesses and 2.375 percent for private nonprofit organizations 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 [email protected] 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 economic injury is Oct. 16, 2023.

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Recently, U.S. SBA Administrator Isabella Casillas Guzman announced a policy change granting 12 months of no payments and 0% interest. This pertains to all disaster loans approved in response to disasters declared on or after September 21, 2022, through September 30, 2023. This covers SBA disaster loans currently available for Hurricane Fiona and Hurricane Ian. This policy change will benefit disaster survivors and help them to decrease the overall cost of recovery by reducing the amount of accrued interest they must repay. Details are available through the SBA Disaster Assistance Customer Service Center at (800) 659-2955. Individuals with verbal or hearing impairments may dial 7-1-1 to access telecommunications relay services from 8:00 a.m. to 8:00 p.m. ET, Monday to Friday, or email: [email protected].

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.

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