Public Information Office
SLU 10880 Hammond,
LA 70402 phone:
|SBDC OFFERS ONE-ON-ONE DISASTER COUNSELING
HAMMOND – The Southeastern
Louisiana University Small Business Development Center is offering free
one-on-one consultations to area businesses applying for Small Business
Administration disaster business loans.
SBDC Assistant Director
Sandy Summers said federal disaster assistance is available to businesses
in declared disaster areas that have suffered physical damage to the business
or loss of sales from hurricanes Katrina and Rita.
The consultations with
an SBDC business advisor are available throughout the north shore by appointment
only. Individual appointments can be made by calling the Southeastern SBDC
at 985-549-3831 or by e-mail, email@example.com. Applicants will be asked to
provide pertinent information regarding their particular businesses, including
federal tax returns, balance sheets, profit and lost statements, a description
of damage, and proof of insurance.
Summers said the deadline
to apply for the physical damage portion of the Disaster Business Loan
has been extended to Jan. 11, 2006, but business owners are urged to get
applications completed as soon as feasible. Deadline for the economic injury
portion of the loan is May 29, 2006, and the lending limit has been increased
from $1.5 million to $10 million.
The Southeastern SBDC,
in cooperation with several other business and economic development organizations
in the area, recently conducted 27 disaster workshops in which more than
800 participants were assisted in developing their loan applications.
“Our staff have spent considerable
time learning the ‘ins and outs’ of the SBA Disaster Loan application and
are able to really assist business owners in completing what sometimes
can be a very complicated process,” Summers said.