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U.S. Small Business Association Press Release (8:21 a.m. on 9/7/12)

Baton Rouge The U. S. Small Business Administration (SBA), Louisiana Department of Economic Development (LED) and the Louisiana Small Business Development Centers (LSBDCs) today announced the opening of nine Business Recovery Centers (BRCs) to provide a wide range of services to businesses impacted by Hurricane Isaac. Three centers will open Friday, September 7, with additional centers opening over the next few days.

'Due to the severe property damage and economic loss Hurricane Isaac inflicted on businesses in Louisiana, we want to provide every available service to help get them back on their feet,' said Michael Ricks, SBA's Louisiana District Director. 'These centers will provide a single one-stop location for businesses to access a variety of specialized help,' he added.

Business Recovery Centers will open at the times and locations below:

  1. Jefferson Parish,Coastal Communities Consulting,Hong Kong Shopping Center,925 Behrman Highway, Suite 17,Terrytown, LA 70056,Thursdays & Fridays, 8:30 am to 4:30 pm,Opens Friday, September 7
  2. Jefferson Parish,UNO Jefferson Center,3330 North Causeway Boulevard, Suite 422,Metairie, LA 70002,Mondays Fridays, 8:30 am to 4:30 pm,Opens Friday, September 7
  3. Jefferson Parish,JEDCO,700 Churchill Parkway,Avondale, LA 70094,Mondays & Tuesdays, 8:30 am to 4:30 pm,Opens Monday, September 10
  4. Orleans Parish,JOB 1 Business and Career Solution Center,Goodwill Building,3400 Tulane Avenue, Suite 2400,New Orleans, LA 70119,Mondays & Tuesdays, 8:30 am to 5:00 pm,Opens Monday, September 10
  5. Plaquemines Parish, Fisheries Assistance Center,8018 Hwy 23 (Regions Bank Building),Belle Chase, LA 70037,Mondays Fridays, 8:30 am to 4:30 pm,Opens Monday, September 10
  6. St. Bernard Parish,Gulf Coast Bank,1801 East Judge Perez Drive,Chalmette, LA 70043,Mondays, Tuesdays & Wednesdays,9:00 am to 4:30 pm,Opens Monday, September 10
  7. St. John the Baptist Parish,Business Resource Center,2015 West Airline Highway,LaPlace, LA 70068,Thursdays & Fridays,8:30 am to 5:00 pm,Opens Thursday, September 13
  8. St. Tammany Parish,St. Tammany EDF,21489 Koop Drive,Mandeville, LA 70471,Mondays & Tuesdays, 8:30 am to 4:00 pm,Opens Monday, September 10
  9. St. Tammany Parish,City of Slidell Mayor's Office,2055 Second Street, 2nd Floor,Slidell, LA 70458,Thursday & Fridays, 8:30 am to 4:00 pm,Opens Friday, September 7

Specialists from the following organizations will be available to meet individually with each business owner:

  • U. S. Small Business Administration (SBA)
  • Louisiana Small Business Development Centers (LSBDCs)

SBA customer service representatives will be available to meet individually with each business owner to explain how an SBA disaster loan can help finance their recovery. 'We can answer your questions about SBA's disaster loan program, explain the application process and issue and accept your completed application,' Ricks said.

'LSBDC representatives will provide counseling on a wide variety of matters designed to help these business owners re-establish their operations, how to overcome the effects of the disaster and plan for their future. Services include assessing business economic injury, evaluating the business's strength, cash flow projections and most importantly, a review of all options to ensure each business makes decisions that are appropriate for its situation. They will also provide program information, answer questions and help businesses apply for this much needed financial help. No appointment is necessary, and all services are provided free of charge,' Ricks continued.

New Orleans Mayor Mitch Landrieu, Louisiana Economic Development Secretary Stephen Moret, SBA District Director Mike Ricks and other regional economic development partners want to ensure impacted businesses secure the financial assistance they need to resume normal operations. 'LED spearheaded this partnership with SBA, our Small Business Development Centers and our regional economic development partners,' said LED Secretary Stephen Moret. 'These highly trained and experienced team of consultants will be available to provide business consulting services designed to help these business owners re-establish their operations and plan for their future,' he said.

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. These loans cover losses that are not fully covered by insurance or other recoveries.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.

Business owners may also get help from SBA representatives at any Disaster Recovery Center in Louisiana. They may also contact SBA's Customer Service Center by calling toll-free (800) 659-2955, e-mailing disastercustomerservice@sba.gov or visiting SBA's Web site at http://www.sba.gov/services/disasterassistance.

Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Additionally, disaster victims may now go online to file an SBA application for disaster loan assistance. The Electronic Loan Application (ELA) is accessible via SBA's secure Web site at https://disasterloan.sba.gov/ela.

SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841

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