In the News

Although the temporary Small Business Administration (SBA) offices in Fairfax and Prince William close today, residents and businesses impacted by Tropical Storm Lee may still apply for low-interest loans from the SBA via telephone or the Internet, Congressman Gerry Connolly said today.

After November 22, help from the SBA is available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to disastercustomerservice@sba.gov.  Business loan applications can also be downloaded from www.sba.gov. Completed applications should be returned to the service center or mailed to:  U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

Those affected by the disaster may also apply for disaster loans electronically from SBA’s website at https://disasterloan.sba.gov/ela/.

The deadline to return SBA applications for physical property damage is January 13, 2012.   The deadline to return applications for economic injury is August 14, 2012. 

Low-interest SBA loans are available to residents and businesses in the counties of Fairfax, Prince William, Arlington, Stafford, and Loudoun, and the cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park.

Affected homeowners are eligible for loans up to $200,000 to repair or replace real estate damaged by the storm.  Homeowners and renters are also eligible for loans up to $40,000 for lost of damaged personal property.  Affected businesses and non-profit organizations can receive low-interest loans up to $2 million to replace or repair damaged real estate, as well as equipment, inventory, and other business assets.