SACRAMENTO, Calif. – June 30, 2015 – (RealEstateRama) — The State/Federal Disaster Recovery Center in Oklahoma City, Oklahoma will convert to a U.S. Small Business Administration (SBA) only Disaster Loan Outreach Center (DLOC) on Wednesday, July 1. The center will continue to operate at Plaza Mayor at the Crossroads from 9 a.m. – 6 p.m. Mondays through Fridays. However, SBA’s center will now be located on the first floor next to the old Macy’s.
“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 the severe storms, tornadoes, straight-line winds and flooding that occurred May 5 – June 4, 2015,” said SBA’s Oklahoma District Director Dottie Overal. “We believe the transition of the Oklahoma City Disaster Recovery Center to an SBA DLOC will better meet the current needs of Oklahoma County residents.”
“SBA customer service representatives will continue to answer questions, explain the application process, help businesses and individuals apply for a low-interest disaster loan and close their approved disaster loans,” Overal continued. The DLOC will be open on the days and times indicated. No appointment is necessary.
Disaster Loan Outreach Center (DLOC)
Plaza Mayor at the Crossroads
7000 Crossroads Boulevard, Suite 1046
(First floor, next to the former Macy’s)
Oklahoma City, OK 73149
Opens Wednesday, July 1 at 9 a.m.
Mondays – Fridays, 9 a.m. – 6 p.m.
In observance of Independence Day, the center is closed Friday, July 3.
“SBA’s disaster assistance employees are committed to helping businesses and residents rebuild as quickly as possible,” said Overal. Businesses and residents who sustained damages are encouraged to register prior to the July 27, 2015, deadline with the Federal Emergency Management Agency (FEMA) by calling the tele‑registration number at (800) 621‑FEMA (3362) or (800) 462-7585 (TTY) for individuals who are deaf or hard‑of‑hearing. “Don’t miss out on any assistance you may be entitled to by not registering for help. You don’t need to wait for your insurance to settle or obtain a contractor’s estimate,” she added.
Businesses of all sizes 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. SBA can also lend additional funds to help business and residents with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans (EIDL) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.
Disaster loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed primary residence. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure 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 disastercustomerservice (at) sba (dot) gov (link sends e-mail). Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more information about SBA’s disaster assistance programs, visit http://www.sba.gov/disaster.
The filing deadline to submit applications for property damage is July 27, 2015. The deadline to submit economic injury applications is February 26, 2016.
SBA Field Operations Center – West, P.O. Box 419004, Sacramento, CA 95841
Monday, June 29, 2015 – 7:30pm
Richard Jenkins (916) 735-1500
Field Operations Center: