SBA Will Open Two More Disaster Loan Outreach Centers

Main Content
Release date: 
June 23, 2011
Release Number: 
1989-011

OKLAHOMA CITY, Okla. -- The U.S. Small Business Administration (SBA) will open Disaster Loan Outreach Centers (DLOCs) in Piedmont and Blanchard on Monday, June 27 to continue meeting the needs of Oklahomans who sustained losses from the severe storms, tornadoes and flooding May 22-25.

The following DLOCs are open Mondays through Fridays, from 9 a.m. to 5:30 p.m., as noted:

CANADIAN COUNTY
Piedmont High School (opens June 27)
1055 Edmond Road NW
Piedmont, OK

GRADY COUNTY
Canadian Valley Tech Center (open until 5:30 p.m. on June 30)
1401 Michigan Avenue
Chickasha, OK

MCCLAIN COUNTY
Blanchard Middle School -- Cafeteria (opens June 27)
400 N. Harrison
Blanchard, OK

Through Saturday, June 25, the Piedmont and Blanchard locations will continue to serve as Disaster Recovery Centers (DRC), staffed by representatives from the Oklahoma Department of Emergency Management (OEM), the Federal Emergency Management Agency (FEMA), the SBA and other state and federal agencies.

Disaster assistance may include low-interest, federal disaster loans from the SBA. Assistance may also include grants from FEMA to help individuals pay for rent and home repairs, replace personal property and reimburse medical, storage and other serious disaster-related expenses not covered by insurance.

To apply for all types of disaster assistance, first call 800-621-FEMA (3362) or TTY 800-462-7585 for the hearing or speech impaired. To apply online, go to www.disasterassistance.gov. Eligible applicants include homeowners, renters and business owners in the seven counties designated for Individual Assistance: Caddo, Canadian, Delaware, Grady, Kingfisher, Logan and McClain Counties.

Whether a DRC or DLOC, SBA representatives meet face-to-face with applicants to answer their questions, help them complete their disaster loan applications and close their approved disaster loans. No appointment is necessary.

SBA offers low-interest, federal disaster loans to homeowners, renters, businesses of all sizes and private nonprofits for their uncompensated losses. Homeowners may borrow up to $200,000 to repair or replace their primary residence. Homeowners and renters may borrow up to $40,000 to repair or replace damaged or destroyed personal property.

Businesses of any size 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 homeowners and businesses to help 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 nonprofits of any size, 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 entity suffered any property damage.

Those unable to visit a DRC or DLOC can call the SBA at 800-659-2955 or TTY 800-877-8339, or visit www.sba.gov/services/disasterassistance for more information or to apply for an SBA disaster loan.

FEMA, SBA and OEM continue to provide disaster recovery assistance at the following DRC locations:

Piedmont High School (open until 7 p.m. on June 25)
1055 Edmond Road NW
Piedmont, OK in Canadian County
Hours: 9 a.m. to 7 p.m. Monday through Saturday...

Last Updated: 
July 16, 2012 - 18:46
State/Tribal Government or Region: